Although the notion of a ship in the middle of the ocean being disabled by a software malfunction or by hackers was initially greeted with considerable scepticism and denial, a spate of incidents, including most notably an attack that disrupted operati…
The shipping industry has been through many upheavals since the industrial revolution. Faster ships at the turn of the century meant that your goods could get to the end destination quicker and the standardization of containers in the 1960s helped ushe…
Blockchain and Shipping Read More »
Demand drivers and freight rates This year – 2018 – has delivered as promised. The improved fundamental market conditions in the first three quarters of 2018 have seen the Baltic Dry Index (BDI) rise significantly – up by 24%, 25% and 41% in Q1, Q2 and…
The CIMAC Fuels working group consists of experienced stakeholders representing refiners, suppliers, OEMs, ship operators, fuel testing labs, classification societies etc. as listed below. This statement has been made to update the marine industry on h…
CIMAC statement on 2018 marine fuel incidents Read More »
Demand drivers and freight rates Some 13.7 million TEU were shipped globally in September, bringing the full year total up to 125.2 million TEU. While that is an improvement of 4% for both the month (year on year) and year to date, the growth rate has …
Container Shipping: Slow growing demand is a constant challenge Read More »