May 26, 2020
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return...
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Opinion
May 26, 2020
The Covid-19 crisis has – and will continue to – hit the container shipping market hard, and the current economic situation provides no hope for...
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May 25, 2020
Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set...
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May 21, 2020
Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from...
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May 11, 2020
The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipping industry...
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May 4, 2020
Converted Very Large Ore Carriers (VLOC) are increasingly becoming a thing of the past with the long-term freight contracts coming to an end as newer...
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April 28, 2020
The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures CLc1,...
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April 28, 2020
The outbreak of the coronavirus has disrupted container supply chains around the world and depressed the demand for vessels and boxes. It will lead to...
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April 22, 2020
Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the...
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April 17, 2020
Crude oil prices collapsed in March 2020, recording their deepest monthly drop since the global financial crisis in 2008. The ramifications of the COVID-19 pandemic...
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April 3, 2020
Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war,...
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April 2, 2020
The world is a very different place to when the last edition of Drewry’s Container Forecaster report was published in December. The only certainty is...
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March 31, 2020
Development of mega LNG liquefaction projects continues to suffer in a coronavirus (COVID-19)-impacted market with low demand, historically low LNG prices and an oil price...
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March 27, 2020
The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the...
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March 23, 2020
With the coronavirus pandemic worsening globally, the enforcement of further restrictions across key ports from this week was seen having a detrimental impact on the...
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