What is the aim of the Directive on flag state requirements? Flag States (the State which registers the ship and under whose law it operates) are the keystone for ensuring maritime safety. Each flag State must take all necessary measures to attest to t…
Fluctuating volumes, primitive tools, and unreliable commercial forecasts—the global container shipping industry faces several challenges in predicting demand. One way forward-looking logistics professionals are beginning to mitigate them is by using A…
AI and Big Data Analytics Reshape Demand Forecasting for Container Shipping Read More »
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal industry. After a tumultuous few years marked by the Covid-19 shock in 2020 and the turmoil caused by Russia’…
Coal trade to return to 2019 levels Read More »
A downturn in trade and mass disposal of surplus equipment will lead to a 2% contraction in the global container equipment pool in 2023. But a recovery thereafter will drive expansion of the fleet with most of this investment coming from lessors, raisi…
Carrier reliance on leased container fleet to support higher per diems and cash returns Read More »
Russian seaborne crude oil export volumes have remained strong and grew 13% y/y in 2022 despite the invasion of Ukraine. However, after a 4% m/m fall in June, volumes fell another 16% m/m in July, and the Russian administration has announced export cut…
Russian Seaborne Crude Oil Export Volumes Fall 16% M/M And May Fall Further Read More »