Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid-19 pandemic. The dispute stems from Australian foreign minister Marise Payne’s call last month for an ind…
Souring Sino-Australia trade relations Read More »
As various governments around the world are gradually shaping their stimulus and policies to jolt their economy, the shipping industry is eagerly waiting for them to take effect and translate into a growth in global trade. In its latest weekly report, …
Global Economy’s Rebound Will Determine Shipping’s Turnaournd as Well Read More »
The scourge of piracy and maritime kidnap is not a new phenomenon, it is its endurance worldwide that causes the most discouragement. In the last year we’ve seen several high-profile, sobering cases and Greek operators have not been immune. With the co…
Kidnap: Managing your stakeholders Read More »
US gasoline imports have dropped well below the 2015-2019 average, despite the kick-off of the peak gasoline season. The US driving season, which ranges from Memorial Day (the last Monday in May) to Labor Day (the first Monday in September), represents…
US gasoline imports 40% below 5-year average heading into driving season Read More »
Ship owners are refraining from aggravating the existing balance between demand and supply, already not in their favor in many ships classes. This translates to a lull in newbuilding activity, a trend also noticed during the 2009-2010 crisis. In its la…
Minimal Activity Becomes the Norm in the Shipbuilding Market Read More »