Container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, this is being driven by empty container repositioning issues rather than inadequate fleet. A…
Container equipment shortage due to logistics not fleet underinvestment Read More »
Newbuilding orders have continued their strong pace as 2020-end closes in. In its latest weekly report, shipbroker Allied Shipbroking said that “it seems that we will have an interesting end to the year, as recently we are witnessing increased news of …
Newbuilding Ordering Activity Picks Up Pace Read More »
In 2020, exporters and importers using ocean transportation fought a seemingly constant battle to secure the freight capacity they needed, only to get burnt when they did on the cost side. As we write this opinion piece, several carriers have stopped t…
October has been the best performing month of 2020 in terms of US exports of the goods outlined in the ‘Phase One’ trade agreement between the US and China. Export values of these goods totalled USD 10.3 billion, breaking the previous high of USD 7.8b …
‘Phase One’ agreement boosts exports and doubles volumes from last year Read More »
The tanker market could be plagued with low demand for a number of years to come, as a result of the intensifying decarbonization plans in various segments, from cars, to planes, even ships themselves. In its latest weekly report, shipbroker Allied Shi…
Tanker Market Expected to Face Headwinds as the World Moves Towards Decarbonization Read More »