With August just around the corner, container shipping demolition has already hit a 41-month high in July, reaching 52.8 thousand TEU and thereby surpassing the 50.6 thousand TEU demolished in June. In the first seven months of the year, a total of 152…
Container shipping demolition reaches 41-month high in July Read More »
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth over the coming two decades. Tanker and product carrier owners need to look past the Covid-19 disruptions and t…
Asia hope for long-term oil demand Read More »
The need for updated mooring standards and practices is being driven by key changes in the shipping industry. Among the variables being introduced into the mooring equation are larger ships, new materials and new mechanical systems. “These developments…
A new look at safe mooring Read More »
In the past few months covid-nineteen has cast a dark shadow over dry bulk commodities. Previous trade forecasts were rendered null and void, replaced by new forecasts of dubious plausibility. The path of the pandemic and its consequences for commoditi…
Extra support for grain and soya trade optimists Read More »
As a result of the strict capacity management by the carriers, rates have remained strong and earnings for the major shipping lines have remained remarkably stable given the horrific market circumstances encountered in the first half of the year. The m…
Capacity cuts or market management? Read More »