November 6, 2018
The decision of Maersk Line and MSC to suspend the ULCV-deployed AE2 Asia-North Europe service in September resulted in higher utilization of ships. (more…)
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Analysis
November 5, 2018
Earlier this year, the Moore Stephens international member firm in Greece published ‘Owners’ Dilemma’, a thought leadership article looking at the financial considerations arising from...
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November 5, 2018
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies’ operating costs and capex needs, Fitch Ratings says. (more…)
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October 30, 2018
Despite efforts by the Trump administration to turn it, a supertanker is bearing down on drivers, oil majors, and even Amazon.com Inc. (more…)
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October 30, 2018
A total of 156 incidents of piracy and armed robbery against ships were reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC)...
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October 26, 2018
Total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to the latest...
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October 16, 2018
The new lease accounting standard, IFRS 16 Leases, comes into effect for periods beginning on or after 1 January 2019. Shipping companies need to make...
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October 12, 2018
Prospects for the multipurpose shipping fleet have improved amid a surging growth in renewable energy generation and a construction boom in South East Asia. (more…)
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October 11, 2018
The US soya bean export season is on its way. October through to January is peak season for US exports of this key agriculture commodity...
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October 10, 2018
Keeping the Earth’s temperature rise to 1.5 degrees Celsius means making rapid, unprecedented changes in the way people use energy to eat, travel and live...
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October 9, 2018
In August, no US seaborne exports of crude oil to China were recorded. A massive change to the export pattern seen since early 2017. (more…)
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October 4, 2018
There is considerable unease among global shippers/BCOs (Beneficial Cargo Owners) and freight forwarders ahead of the IMO’s 2020 global emissions regulations, due to come into...
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September 28, 2018
Trade will continue to expand but at a more moderate pace than previously forecast. The WTO anticipates growth in merchandise trade volume of 3.9% in...
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September 21, 2018
Given the mounting pressure on the shipping industry to reduce emissions brought on by the IMO’s GHG strategy and commitment to a 50% reduction in...
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September 13, 2018
When U.S. President Donald Trump fired the first salvos in his trade war with China, the market for hauling bulk commodities that power the Asian...
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