As international sanctions come to the fore in global trade, research in the UK and Switzerland shows how compliance is undermined by a technology gap. Conducted among more than 500 decision-makers, the research reveals that on the trade finance side, …
Container volumes in head-haul and regional trades are the key drivers of container vessel demand, average container rates, liner operator profits, and, since 2020, port congestion. According to Container Trade Statistics, combined head-haul and region…
Head-haul and regional container trade volumes fall 1.5% m/m in July Read More »
Global container shipping turned a corner in the second quarter of 2022 according to the findings of the latest Quarterly Review of the market produced by MDS Transmodal and Global Shippers Forum. Covid lockdowns in China, suppressing supply of manufac…
Container shipping market turns a corner … in lockstep? Read More »
The monthly record-setting streak that U.S. container import volumes have been posting since mid-2020 came to an end this August. While the August number was down slightly compared with the same month in 2021, it remained above 2.5M TEUs, which is stil…
A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing institutions and private practice lawyers from Asia, Europe and the US began work this week to develop a standard letter of quiet enjoyment (L…
BIMCO embarks on new standard for “quiet enjoyment” Read More »