3D printing – also known as additive manufacturing – has been held up for many years as an evolving threat to global trade. If printing of parts can be done locally, there will be no need for ships to transport those consumables from producer to …
Debunking 3D printing fears Read More »
The pandemic has undoubtedly stressed global supply chains and logistics. From mass spikes in consumer demand, to congested ports, and increased shipping disruptions and delays, many diverse events have culminated in an unprecedented logistical maze le…
Global Logistics Chaos Isn’t Going Anywhere Anytime Soon. Here’s Why Read More »
Supply of HSFO380 is tight in Singapore, Fujairah, Zhoushan and parts of the Mediterranean, while VLSFO and LSMGO grades are ample across most global bunkering hubs. HSFO380 has been particularly tight in Fujairah after a supplier exited the market las…
ENGINE: Global Bunker Fuel Availability Outlook Read More »
The global seaborne coal trade is slowly showing signs of a recovery after a difficult 2020 and to a lesser extent first half of 2021. In a recent weekly note, shipbroker Banchero Costa said that “2020 proved to be a truly terrible year for global seab…
Global Seaborne Coal Trade Showing Early Signs of Recovery Read More »
The first half of 2021 saw 275 Cargo vessels sold for scrap, up 40% and 33% compared to 2020 and 2019, respectively. The 275 scrapped vessels have a combined DWT of 11.9 mil and a total scrap value of over USD 1 bil. 131 tankers were scrapped, accounti…
Demolition Activity Up 40% Versus 2020 Read More »