Globalisation is threatened as countries impose trade restrictions, especially against trading partners with large geopolitical differences. This feature gauges the impact of this development on trade flows using granular bilateral trade data across finely disaggregated sectors. We find that geopolitical distance – based on country votes at the United Nations – helps explain recent trade dynamics. The impact is sizeable: […]
Recently, the Shanghai International Shipping Research Center released the “Global Port Development Report for the second quarter of 2024”. The report pointed out that in the second quarter of 2024, the global port production situation continued to improve, geopolitical tensions eased slightly, and the international trade environment became stable. With the upgrading of consumption, the steady growth of international commodity […]
In this month’s edition, the authors explore the ongoing threat of strikes in the US; record-high container manufacturing in China; German ports dealing with pay disputes; and how India averted a major port strike. As usual, you will also find detailed data and forecasts, average container prices, and pickup rates. Source: Container xChange
Through a thorough quantitative and qualitative assessment, this report takes a high level look at the progress the industry has made to date, with a focus on how supply chain participants perceive the value of digitalisation in container shipping, the barriers they face in enacting change, and how standards can help on this journey. This milestone report is based on […]
A study published reveals that seafarers face excessive working hours and insufficient rest, leading to high levels of fatigue. According to the report, research consistently highlights that seafarers endure longer working hours compared to their onshore counterparts. As recent surveys show, only 3.3% of seafarers’ weekly working hours align with the global average of 43 hours. The disparity in working […]
New research estimates that the maritime artificial intelligence (AI) market is now valued at USD $4.13 billion, with a projected five-year compound annual growth rate of 23%. This marks a substantial increase from last year’s valuation of USD $1.47 billion, underscoring the rapid adoption of AI technologies across the sector. The report identifies 36 shipping companies that have implemented or […]
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