Transport capacity shortages, disruptions to supply chains and inability to plan since late January have been a dangerous combination. But will all 3 major problems last for shippers? Since February, most international shippers have had to fight on 3 m…
The triple shock of Coronavirus in shipping: will it last? Read More »
Crew unable to disembark, service engineers unable to maintain essential equipment and classification societies unable to do scheduled ship surveys. This is the new reality for many, as several port authorities and port state authorities are imposing r…
Coronavirus And Crew Restrictions; What To Keep In Mind Read More »
Capesize The Capesize market made some headway this past week despite being buffeted by the global pandemic storm. With the market in a constant state of flux on a seemingly endless news cycle, increasing restrictions and disruptions, the Cape 5TC mana…
Dry Bulk Market: Capesizes Face Headwinds This Week Read More »
The call for an immediate multi-million pound government support package for shipping from the UK Chamber of Shipping earlier this week spoke volumes of the crisis facing the industry. Chief executive Bob Sanguinetti asked the UK shipping minister Kell…
‘No return to normal’ Read More »
The World Health Organization (WHO) has declared the outbreak of the novel coronavirus a pandemic. There is little doubt that this will have significant implications for the shipping industry. But to what extent? BIMCO expects that the strict containme…
The Shipping Industry Is Not Immune To A Pandemic Read More »