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Logistics and Covid-19

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Source: Christian Roeloffs, Container XChange Let’s face it: The world as we know it has ended. While you might find this statement a bit overly dramatic, it is nevertheless true. The worldwide crisis induced by Covid-19 has not only changed the way we look at risks from new viruses and travel-accelerated global pandemics, it has also changed the way we will...

US and EU sanctions for vessel passing the Kerch Strait

kerch-strait
Based on our practice for the recent years, we decided to draft a review upon standard issue being studied for many times, namely: EU and US sanctions imposed on Russia due to the latter’s aggression against Ukraine, but we have considered it in view of impact of such sanctions on the shipping companies’ interests. Sanctions of such jurisdictions are certainly...

Idle Containers in Shanghai?

Surplus containers are not easily found in the busy port of Shanghai, but due to the US-China trade war, we may be looking at a small surplus of 40 HC containers in the coming weeks. This is according to analysis and a new container index (CAx) created by German company Container xChange. For 20 DCs and 40 DCs containers in...

Small will be the new big for the LNG market

By Shefali Shokeen, Senior Research Analyst, Drewry Maritime Research Low prices, abundant supply and an aggressive shift towards cleaner gas for energy generation are creating strong demand for LNG, not just from large buyers, but also from small importers. Small-scale LNG projects (production and regasification capacity of less than 500,000 tonnes per annum) have reduced capex and are suitable for countries...

America’s Ports – Critical Components of America’s Economic Prosperity

Looking for engineering and construction opportunities? Look no further than ports! Investment in America’s ports is accelerating significantly and port spending will increase again in 2019. Because of the neo-Panamax megaships, ports throughout the country are expanding shipping channels and harbors. They are also expanding rail lines and constructing new facilities or significantly expanding older ones. No port in America...

What is the difference between a NVOCC and a Freight Forwarder?

Is there a big difference between NVOCCs and Freight Forwarders? We do often hear this question, thats why we look into this question with the following article. Read everything about NVOCCs tasks, licensing and the differences to Freight Forwarders below. Anything we forgot? Let us know and we’ll add it to the article. What does a NVOCC do? NVOCC (= non-vessel...

Future Trends in Commercial Shipping

global container shipping
Future Trends in Commercial Shipping The world is changing rapidly, as is the shipping industry. There is an increased focus on boosting the green image of shipping, as well as improving efficiency through emerging technologies. The commercial shipping industry has constantly been evolving with a lot of pushes for innovations. Even the past few years have been particularly interesting. Trends such...

Trade Disruptions & Large Crude Tankers: A Net Plus for Now

The fall in light crude exports from the United States to the far east has led to buyers seeking replacement barrels. One of the most natural sources of similar oil is west Africa. Indeed, the total ton mile demand for VLCCs in region has shot upwards, while Suezmax exports, used for Atlantic Basin trades have been moving downwards (See...

Another Infrastructure Marketplace that is more than Robust

By Mary Scott Nabers Strange as it might seem, the threat of administration-imposed tariffs has not slowed investment in America’s ports. The extremely large megaships coming through the Suez Canal headed to America and U.S. ports will be ready. Most are already engaged in making upgrades, performing maintenance, expanding to facilitate the larger ships and constructing new storage facilities. Many...

EU needs to move faster on Asian approvals to deliver meaningful scrapping regulations

Source: Will Tooth of MSI Regional regulation and national policies are putting competing pressures on the scrapping market just as demand is set to rise. By December 31 2018, all vessels flying the flag of an EU member state (around 12% of the current global merchant fleet) will need to comply with the EU Ship Recycling Regulation (SRR); the rule that brought...

Latest Posts

Port of Rotterdam’s Mega-Ship Calls Help Ease COVID-19 Box Volume Slump

(BlueWater) The Port of Rotterdam, Europe’s busiest container port, announced that TEU volumes for the first six months of 2020 declined by only 3.3%...

Global bunker prices move upwards

(Mabux) Global fuel demand is showing some signs of improving although the market outlook is still quite bearish with the coronavirus outbreak. The World Bunker Index...
dry bulk index

Vessel supply is tightening

(Breakwave) For the first time in many years one can say that supply of dry bulk ships looks tight. The dry bulk market has spent...