Europe’s overstretched supply chains are experiencing a double whammy of disruptions as transport unions in Felixstowe and now in Liverpool prepare for labour strikes later this month in response to soaring inflation; according to the analysis publishe…
Strikes in Felixstowe and Liverpool a double whammy to UK’s overstressed Supply Chain Read More »
The US government has passed an important bill for the energy market last month, which is expected to have a significant impact in the market. In its latest weekly report, shipbroker Gibson said that “after many months of intense political negotiations…
Looking at US’s Inflation Reduction Act Read More »
Capesize The Capesize market made a revival this week, taking fortunes out of the red by rising the tide on values to be closer to the low-teens level on the 5TC. Far from being into smooth-sailing territory yet, the market doesn’t seem quite ready to …
Dry Bulk Market: Capesize Market Recovered Lost Ground This Week Read More »
The collapse of China CIMC’s planned takeover of Maersk’s container manufacturing arm maintains some level of competition in the sector and enables further innovation in box equipment and systems development for the cold chain industry. China Internati…
The failed takeover of Maersk’s box manufacturing arm offers respite to reefer buyers Read More »
The tanker market trended higher during the month of August, as demand picked up, OPEC said in its latest monthly report. Dirty tanker spot freight rates continued to pick up in August and now stand at the top of the five-year range. VLCC rates rose a …
Tankers: VLCC Spot Market Grew by 16% During August Read More »