Capesize A tepid week for the big ships, as macro concerns continued to weigh heavily on the index. All of the major voyage routes lost value, with the exception of the C5 West Australia-China route, which traded up a modest $0.21 on the week, on a ste…
Capesize Market: Weakness All Around Read More »
PMI readings for April indicate a massive weakening of global manufacturing. The manufacturing PMI readings serve as a bellwether for container shipping volumes for the months ahead, and recent data suggest that 2020 will be a stress-test for container…
China’s New Export Orders index at 33.5 – container shipping demand in free fall Read More »
A slump in oil demand on the back of Covid-19-enforced global lockdowns has sent the crude and tanker trades into a tailspin. With the world effectively awash with surplus oil and crude prices at historically low levels, commodity traders have been cli…
Oil storage not a quick fix Read More »
The shipping industry experienced major disruptions in Q1 of 2020 due to both the Coronavirus and the crude oil price crash. As major parts of the global economy shut down, so have pockets of international trade – yet, not all vessel types have experie…
The impact of coronavirus on vessel traffic and the shipping industry Read More »
UNCTAD issues an action plan to tear down barriers to trade and transport and ensure the free flow of goods, food and essential supplies. As countries adopt radical measures to bring the coronavirus pandemic under control, international trade and trans…