It was around the middle of 2006 that I finally got tired of shipping’s last supercycle. As a daily reporter there are only so many ways you can write: ‘Company Y makes another XX record profit’. Ultimately too, as a hack, good news does not sell. The decade that followed was far more exciting;...
https://splash247.com/what-to-look-out-for-as-shipping-becomes-sexy-again/
Recalling this time of year only 12 months ago brings wide smiles to everyone’s face in the oil tanker business. Amidst a Covid-19 pandemic, the oil tanker market worked long hours in the gold mine. At present, the rain cannot stop from falling and what was set aside during the 2020 highs is now...
For the first time in decades containerisation is in reversal. As shippers scramble to secure empty containers for their goods and a place on the next ship out of China the capacity crunch means that cargoes are increasingly being shipped on railroads and airplanes out of Asia, while bulk carriers...
There’s plenty to celebrate right here, right now, but also something to think about for the months to come and something to remember from times past. These are the ups and downs of the month. A month of ups There is no one who lives in a dry bulk relationship that needs Viagra these days. …
Amazon.com, America’s top e-commerce company, is rapidly but quietly reshaping tradeflows on the transpacific, becoming a discreet top 10 non-vessel-operating common carrier (NVOCC) over the past year and putting the business models of traditional freight forwarders on edge as a hybrid between a...
https://splash247.com/amazon-reshapes-transpacific-trade-flows/
The Joe Biden administration outlined a 180-degree turn on the environment, seeking international collaboration and making ambitious national greenhouse gas cut targets. In shipping, John Kerry, Biden’s climate envoy, said the US would be pushing for the International Maritime Organization (IMO) to...