By the end of 2022, the container shipping industry will have earned an unprecedented half a trillion dollars of operating profit from two years of supply chain pain and record […]
On Friday, China cut its five-year loan prime rate from 4.60% to 4.45%. The reduction comes as China seeks to alleviate the adverse impacts seen from Covid-19 and the introduction […]
In August 2020 Mediterranean Shipping Co (MSC) embarked on an epic fleet build-up plan that is expected to result this week with its 200th secondhand ship purchase in less than […]
With much of China locked down in April and some shipyards declaring force majeure, it was perhaps no surprise that deliveries for last month were quite modest, just 23 in […]
The price of coal trading out of the port of Newcastle reached record highs this week, currently fetching USD 393/tonne, up 37% from a month ago and more than double […]
As global wheat prices continue to push higher on supply concerns driven by export bans, severe weather disruptions and fertilizer shortages, we look at the outlook for the crop and […]
The container industry made a $59.3bn profit in the first quarter, the sixth consecutive record quarterly profit for the sector. The McCown Container Results Observer noted that the result marked […]
Dislocated trade flows and changing supply-demand dynamics are expected to support dry cargo markets in the second half of this year as the world scrambles to meet its energy and […]
Shipowners wonder how the global inflation surge will affect their business. The rest of the world, however, sees things the other way around, it worries about how shipping players make […]
Golden Ocean, the Norwegian dry bulk owner, is expecting a “sustained period of firm rates” based on steady demand and low fleet supply. Although the global recovery from the Covid […]
