High-street retailers in Western Europe held their breath in September 2016 when container ships bringing goods from Asia due to fill their shelves at the peak Christmas shopping season were suddenly left stuck in ports halfway. Some ships were even st…
Competition watchdogs and the forces shaping shipping Read More »
Just as ship owners were looking to a long term recovery, especially in the dry bulk market, but also in containers, developments in the form of an escalating trade war, have brought these hopes to a crushing halt. In its latest weekly report, shipbrok…
Trade Wars and Shipping Don’t Bode Well Read More »
US President Trump criticized OPEC for the recent rise in fuel prices, citing that the US pays for defense for many of the groups’ members and therefore, OPEC should make an effort to increase crude supply to pressure global pricing. Additionally, Iran…
A Potential Monumental Shift Read More »
There has been a structural increase in LNG import demand into China. There was a gradual increase in demand from the start of 2016 through the middle of 2017. From 2017 through to the present the contribution of global ton mile demand coming from Chin…
Chinese Emphasis on Cleaner Air Driving More LNG Ton Mile Demand Read More »
The ships’ demolition activity has began to feel the weather effects of the Southeast Asia. In its latest weekly note, Clarkson Platou Hellas commented that “as the monsoon rains begin to slow productivity down in the Indian sub-continent, a refl…
Demolition Activity Slows Down On Monsoon Rains Read More »