Cost growth returned to seafaring in 2018 and is projected to accelerate moderately on recovering vessel earnings and continued shortfall in officer numbers, according to the latest Manning Annual Review and Forecast report published by global shipping…
Manning costs rising on trade recovery and officer supply shortage Read More »
The risk to container shipping from US-led trade wars is currently low, but potentially very damaging, according to the latest edition of the Container Forecaster published by global shipping consultancy Drewry. “In the March report we said that we wer…
Trade wars threaten to derail container revival Read More »
In 2017 it was 35 years ago that the Memorandum of Understanding on Port State Control was signed by 14 countries. Since then the agreement has expanded to 27 members and was renamed to Paris Memorandum when other MoUs emerged. Over the past three year…
Paris MoU Notes Rise of Ships Detained in its Latest Annual Report Read More »
The trade war is a speeding train, accelerating with every trade-restrictive retaliatory measure imposed and becoming ever more difficult to stop. The long-term effect provides uncertainty and could possibly derail current global growth if the measures…
Overview Of The Trade War And The Effect On Shipping Read More »
The price of prime aged vessels is expected to rise over the next two years. Putting extended trade disputes aside, most market segments have favorable tailwinds. The contraction of yard capacity is expected to support the replacement value of ships, w…
LR1 Tankers, Handysize Bulkers and Panamax Containers: Q2 Forecast winners Read More »