The container shipping industry is facing an exceptionally high level of uncertainty, ranging from the extra cost associated with IMO 2020 and how much carriers will recover from shippers, to the possibility of a trade recession and unknown future enga…
A foggy outlook for container shipping, but a brighter tomorrow still likely Read More »
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned today that avoiding overcapacity and unsustainably low freight rates is still a major challenge ten years after the massive downturn of …
Oversupply Still Major Challenge Warns ICS Read More »
Has it been a good year for shipping? Shipping has faced another challenging year as excess yard capacity and the resulting surplus of ships has continued to weigh on spot and term market rates. However, green shoots are appearing, and several long ter…
Listed Shipping Companies Invest In New Ships Read More »
Exports to China rose in January, reaching 1.4 million tonnes, up from only 69,079 tonnes in December and accounting for 30.7% of total US soya bean exports in January. This is the highest monthly exports to China since March 2018 which marked the star…
Chinese Purchases Of US Soya Beans Bounce Back In January Read More »
At Softship, as provider of IT software solutions designed specifically for the international liner shipping and port agency markets, we see first-hand the gap between perception and reality when it comes to digital adoption by shipping companies. The …