The rapid recovery of the global economy that started at the end of the first wave has come with a much faster rebound in global trade than initially expected. This has come with significant supply chain disruptions causing many different types of shor…
Container and shipping shortage piles pressure on prices Read More »
Asia’s economies are intimately linked to global maritime trade. Cargo vessels sailing from the ports of Northeast Asia’s export giants supply the consumers of North America and Europe, while much of Asia’s energy and natural resources arrive by sea. A…
Suez blockage highlights Asia’s vulnerability to disruptions Read More »
Suppliers in Houston generally have stems of all grades available on short notice. Certain suppliers have tight schedules for dates at the start of the new month. Sea fog and poor visibility shut the Houston Ship Channel temporarily this week, delaying…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
The demolition market has finally seen some action after a few weeks of limited activity and lack of available tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after having seen some barren weeks in the recycling field…
Ship Owners Tempted By High Offers for Scrapping their Older Ships Read More »
Last year, satcom specialist IEC Telecom[i] highlighted that demand for digital technology had risen tenfold as maritime businesses embraced new ways of working during the coronavirus pandemic. But why has it taken a pandemic to change attitudes to tec…
How COVID-19 has driven a technology revolution in shipping Read More »