The benefits of strong demand growth in the 2010s were limited by faster supply growth. Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having been higher. How…
Overcapacity And Low Demand Growth Set The Tone In The 2010s Read More »
New analysis conducted by maritime intelligence company eeSea has revealed the extent of the impact of COVID-19 on global container shipping capacity. According to the latest data – updated daily – a total of 302 of 2,693 sailings, or 11%, …
Any momentum noted the newbuilding and S&P markets over the course of the weeks prior to the end of March seems to have evaporated, during the course of the past three weeks. Ship owners have refrained from placing any further orders, as a result o…
Newbuilding and S&P Markets Close to “Extinction” Read More »
As the coronavirus continues to show its teeth and weigh on global economic growth, seaborne container volumes are not exempt and face a decline year-on-year. Loaded container imports on the US West Coast (USWC) paint this picture well with 2.2 million…
Q1 container imports drop 14% on US West Coast Read More »
A group of companies has come together to develop a better understanding of the practical realities involved in using ammonia as a fuel for ships. Ammonia is one of a number of options to be a marine fuel of the future. One of the key elements in the g…
Can ammonia be a safe fuel for the shipping industry of the future? Read More »