Before the coronavirus outbreak, shipping was already facing headwinds, including those caused by the trade war which has lowered volumes and changed trade patterns, both interesting developments which will continue into the future even as the world ad…
US Seaborne Exports Slow As The Trade War Takes Hold Read More »
As a result of the spread of COVID-19, the shipping industry is one of many contending with a global crisis. We have received numerous queries from concerned lenders and borrowers as to the potential effect of the crisis on their English law loan facil…
Ship Finance And COVID-19 Read More »
The shock in the global economy from the current COVID-19 pandemic is quickly escalating, threatening the pace of recovery, once this situation subsides. In its latest weekly report, Allied Shipbroking said that “as countries around the world struggle …
A World Economy in Strain Read More »
A spectacular upwards trend in global iron ore trade unfolded for almost two decades. But in the past couple of years signs of faltering have emerged, and prospects for 2020 are subdued. Following an article published by Hellenic Shipping News Worldwid…
Iron ore trade growth trend fades Read More »
As countries world-wide implement far-reaching measures in an attempt to contain the coronavirus (COVID-19), the global economy is starting to slow down significantly. The crisis is prompting flashbacks to the global financial crisis of 2008-09. Althou…