October 23, 2020
A strong comeback in US retail sales has replaced the 14.7% drop seen in April. In fact, US retail sales have been up since June...
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Analysis
October 7, 2020
The WTO now forecasts a 9.2% decline in the volume of world merchandise trade for 2020, followed by a 7.2% rise in 2021. (more…)
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September 30, 2020
Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil, gas and coal in the 2010s to one...
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September 24, 2020
The peak season for containerised exports from Asia to the US is now underway with the COVID-19 pandemic and astoundingly high freight rates making it...
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September 18, 2020
As the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on...
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September 10, 2020
A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil production and demand sets...
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September 10, 2020
Despite lower demand because of the pandemic, carriers have achieved high freight rates and profitability in the first half of the year through large-scale capacity...
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August 14, 2020
Containerships with a collective cargo carrying capacity of 5.3m TEU are now fitted with an exhaust gas cleaning system (scrubber) to remove sulphur oxides (SOx)...
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August 10, 2020
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as Covid-19 has massively slowed contracting (-50%)...
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June 30, 2020
The Trump administration’s plan to add as many as 50 oil tankers to an already long list of sanctioned vessels would be enough to send...
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June 29, 2020
Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving situation...
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June 17, 2020
The coronavirus pandemic has shutdown much of the US economy for months and even as parts of it reopen, the data is beginning to reveal...
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June 5, 2020
In yet another turn of extraordinary events, the Baltic Dry Index (BDI) is now hovering around the lowest level in at least 20 years. The...
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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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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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