#goods

Tanker Freight Charges Are Expected To Rise Quickly

Credit: Tomas Williams/Unsplash

According to the maritime group Bimco, freight prices for petroleum and goods will increase quickly in 2023 and 2024, mirroring the spike in rates that occurred in 2008, when they frequently exceeded $100,000/d.

Financial crisis

According to Bimco, demand for product tankers will increase by 4.5–5.5% in 2023 and 2-3% in 2024, while demand for crude tankers would increase faster than supply by 2.5–3.5% in both 2023 and 2024. Also, due to the EU embargoes on Russian...

https://mfame.guru/tanker-freight-charges-are-expected-to-rise-quickly/

Government COVID-19 crew change policies threaten safety, imperil the environment and disrupt the flow of goods

Global manufacturers and retailers have warned that their ability to supply goods is dependent on working supply chains, which are being disrupted.

About 800,000 seafarers are now adversely affected by government actions and that figure will soon be one million people, a maritime expert has warned. Seafarers are being subject to forced labour, the safety of life at sea is in the balance, and the maritime environment is imperilled.

The cause of all these catastrophes? Government-imposed...

https://shippingaustralia.com.au/government-covid-19-crew-change-policies-threaten-safety-imperil-the-environment-and-disrupt-the-flow-of-goods/

Australian imports: which consumer goods are on the rise?

Article contributed by shipping line ANL, a subsidiary of Shipping Australia full member CMA CGM.

Pictured: water being poured from a bottle. Shipping line ANL reports that imports of bottled water rose by 59% in 2020. Photo: CongerDesign from Pixabay.

With the various natural disasters, health crisis and geopolitical tensions occurring year to date, ANL has taken a deep dive into the Group’s Australian import figures to compare average volumes in the first half of the year. The difference in...

https://shippingaustralia.com.au/australian-imports-which-consumer-goods-are-on-the-rise/

134 Rasmus Blomqvist, Chief Officer, Mont Ventoux, Marseille, France – Rades, Tunisia

Seafarers are the unsung heroes of global trade.

Episode 134 – in spite of the Coronavirus.

This episode is recorded online, so the sound quality is not as exceptionally good as usual. On the other hand, you get to listen to a young Master Mariner who is now stuck on his vessels since the pandemic is causing trouble with crew change. No one can leave the ship and no one can come on board, the entire ship is a quarantine. How does it feel? What do you do? What are you longing for the most and how...

https://shippingpodcast.com/134-rasmus-blomqvist-chief-officer-mont-ventoux-marseille-france-rades-tunisia/

COVID19 Leads To Unusual Pandemic Necessities in Goods & Services!

A medical staff member in protective gear prepares to take samples from a visitor in a car at a ‘drive-thru’ testing center for the novel coronavirus disease of COVID-19 in Yeungnam University Medical Center in Daegu, South Korea, March 3, 2020. REUTERS/Kim Kyung-Hoon – RC28CF933C88

The COVID19 Pandemic has opened up new items of necesssities across the world as people stay at home and work remotely, reports Benziga.

Here’s a look at it

Demand for Goods & Services

Many businesses are experiencing...

https://mfame.guru/covid19-leads-to-unusual-pandemic-necessities-in-goods-services/

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