The short term impact of the coronavirus health crisis is a sharp hit to global container volumes and carrier earnings, but Drewry expects that the medium-term impact will be manageable provided the virus spread is contained. Container shipping lines h…
What does coronavirus mean for container shipping? Read More »
As a new era dawns for the maritime industry this year, driven by IMO 2020, the International Maritime Organization’s 0.5% sulfur cap on fuel content effective last month, players in the global container-shipping sector find themselves in a position wh…
The start of the new year has, as is often the case for dry bulk shipping, been marked by falling freight rates. The seasonal slump, typical in January after a strong Q4, has been exacerbated by the additional cost of fuel resulting from the IMO 2020 s…
London IP week 2020 is in full swing. Coronavirus and its effects on global GDP, trade, demand and the oil price are unsurprisingly a major talking point. So what does real-time seaborne trade flow data show? The data covers the laden movements of clea…
Coronavirus effects on the Clean Tanker Market Read More »
Demand drivers and freight rates Strong winter demand is fading away and has been reflected in falling freight rates. However, because charters are often fixed months in advance, ships with contracts from Q4 2019 are still earning high rates. Moving in…