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 »
After a dismal 2018, tanker owners could harbor further hope for a freight rate market revival, as China’s thirst for crude oil imports is stronger than ever. In its latest weekly report, shipbroker Banchero Costa said that “as recorded at the en…
Strong Chinese Oil Imports Could Offer Boost to the Tanker Market 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 …
Financially vulnerable carriers could be pushed into M&A by the extra costs associated with the new low-sulphur fuel law. If that happens, how might competition on key trades be affected? Most of the major carriers have now reported full-year 2018 …