The technology group Wärtsilä and classification society DNV GL have signed a Memorandum of Understanding (MoU) in which they agree to work together to contribute to the marine industry’s ongoing digital transformation. In particular, the two companies…
Capesize The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with recent global events to stifle demand. Brazil iron ore flows, hit by recent poor weather, have left the spot carg…
Dry Bulk Market: Capesize Market On the Ropes Read More »
Health crisis cannot be ignored by shippers. Exporters and importers have to deal with issues in the real world and need to activate some contingency plans as the coronavirus effects spread. The changes caused by the health crisis cover critical areas …
Time for coronavirus contingency plan in container shipping Read More »
With China in virtual lockdown and the rest of the world on high alert for identifying and reacting quickly to signs of novel coronavirus, shipping faces disruption on an unprecedented scale. First reported in late December 2019, the virus originated f…
Shipping not immune from coronavirus Read More »
Increasing biodiesel consumption due to the rollout of B20 biodiesel programme in Malaysia and B30 programme in Indonesia coupled with low production of palm oil will tighten its supply. Top importers like India and China will counterbalance this gap b…