Capesize The Capesize market came to work on Monday, with little expectation, or confidence, that the days ahead were going to bring anything other than fallout from Coronavirus. While this was a relatively simple assessment to make, it was without com…
Capesizes: Iron Ore Flows To China, Bunkers Down Read More »
The Asia-Oceania container trade continues to deal with challenges from the COVID-19 coronavirus, although blanked sailings on the trade are starting to dwindle back down. It appears China has reached its peak with new COVID-19 cases, while cases in Au…
Asia-Oceania container trade sees blanked sailings begin to dwindle Read More »
Dirty tanker spot freight rates were buffeted by unexpected developments in February, undermining the optimistic outlook that began the year, OPEC said in its latest monthly report. Disruptions caused by measures to stem the accelerating outbreak of th…
Unexpected Conditions Undermined The Tanker Market’s Recovery During February Read More »
With no end in sight to the Covid-19-related disruption to world trade, the UN Conference on Trade and Development (UNCTAD) has published a sobering preliminary economic downside scenario. It expects a $2 trillion shortfall in global income with a $220…
The sting in Covid-19’s tail Read More »
• The maritime shipping industry must make some big changes if it is to meet its target of a 50% reduction in emissions by 2050. • Zero-emission ships are one avenue – but they require huge investment. • By increasing efficiency in the sector wit…
How to decarbonize shipping without spending billions Read More »