While tankers are one of the few “silver linings” in the shipping market in the current context, things could very well turn south if the negative impact from the pandemic of COVID-19 is larger than originally thought. Shipping, not just tankers, needs…
Global Economy’s Rebound Will Determine Shipping’s “Fate” Read More »
Over the past two years, the container shipping industry has faced several challenges, many of which were felt on the Far East to US West Coast (USWC) route. This route has taken the biggest direct hit from the trade war that started in 2018 and which,…
Why should I pay any attention to spot container freight rates? Read More »
The maritime industry can benefit from digital technologies in a way that can have an immediate and transformative impact on design, operations, business models, and environmental impact. To harness this transformational power, the world’s leading clas…
DNV GL and Alpha Ori sign new MOU to spur digital transformation in shipping Read More »
Extreme volatility with a dash of oversupply come next year, could be the “recipe” for the tanker market moving forward, as shipping tries to adjust to the new reality shaped by the pandemic and its economic aftermath. In its latest weekly report, ship…
Tankers Could Face Headwinds from 2021 Onwards Read More »
Capesize A tepid week for the big ships, as macro concerns continued to weigh heavily on the index. All of the major voyage routes lost value, with the exception of the C5 West Australia-China route, which traded up a modest $0.21 on the week, on a ste…
Capesize Market: Weakness All Around Read More »