NEWS
NEWS
Will inflation and rising interest rates be a problem for the freight industry?

Will inflation and rising interest rates be a problem for the freight industry?

  As has been the case for more than two years, the market has neither enjoyed an extraordinary boom in demand nor been plagued by any under-deployment of ships.   Conversely, better-than-expected but not exceptionally strong demand lev

Aug 24
2022
Is extending ship life bad for the environment?

Is extending ship life bad for the environment?

  According to data, the maritime industry emits nearly 940 million tons of carbon dioxide every year, accounting for nearly 2.5% of global carbon dioxide emissions.   The IMO's new regulations aim to reduce total greenhouse gas emi

Aug 23
2022
Has the peak in container shipping demand passed?

Has the peak in container shipping demand passed?

  The demand-led surge that propelled container shipping to record gains during COVID-19 is now a thing of the past. Statistics on supply and demand for COVID-19 confirm a growing consensus that volumes are declining and only supply chain disru

Aug 22
2022
What's causing the congestion at U.S. ports?

What's causing the congestion at U.S. ports?

  Shippers and truckers at gateway ports across the U.S. have reported problems with empty containers not being returned since the post-pandemic freight boom began, and the problem of not knowing what to do with empty containers on the U.S. East C

Aug 19
2022
Can ocean shipping break last year's record profits?

Can ocean shipping break last year's record profits?

  Soaring contract rates for shipping lines in 2022, along with ongoing port congestion. Liner shipping is set to smash last year's record profits by as much as 72.9%.   Net profit could hit $256 billion this year, a figure roughly

Aug 18
2022
Why Ukraine uses bigger ships to export grain

Why Ukraine uses bigger ships to export grain

  With the completion of the two-week trial phase, larger ships are ready to start delivering grain from Ukrainian seaports.   The largest ship to date left Crimea, carrying 64,720 tonnes of corn to South Korea. Ten ships have left Ukra

Aug 16
2022