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...

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...

VLCC’s Holding Steady

Source: GIBSONS Much attention has been given in recent months to continued activity in newbuild VLCC tonnage. Shipbrokers Gibson’s, are not an exception to that,...
global container shipping

Future Trends in Commercial 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...
global container shipping

Global Container Shipping to Face yet Another Crisis?

By Jose Paul (Drewry) The year 2017 saw a modest recovery in container shipping after a disastrous performance in 2016. According to Drewry maritime research...

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Ocean Freight Market Update, March 2019

Asia - North Europe capacity set to surge this year. Vessel capacity on the Far East - North Europe trade lane remains a key...

Global Container Shipping Outlook

IMO 2020 weighs on an industry struggling to generate sustained profitability Source: Alix Partners

The Changing Global Economy – Impacts on Seaports and Trade

IMO 2020 has potential to cause short-term congestion challenges in West Coast. Longer-term macro fundamentals favour continuation of slow shift to East and Gulf...