It has been a busy start to the year for supply chain executives working for US wholesaler Costco, the fifth largest retailer in the world. Costco sent the boxship charter […]
With Europe on edge about a possible conflict between Ukraine and Russia, shipowners around the world are eyeing the potential disruption and resulting extended tonne-mile scenario as a spur for […]
Germany’s Hapag-Lloyd has emerged as another bellwether for the liner industry after reporting a four-fold increase in earnings in 2021. The world’s fifth-largest liner operator raked in Ebitda of $12.8bn […]
Cape rates have pulled out of a 19-month low as the Chinese New Year kicks off. The average weighted time charter rose to $10,753 per day at the close on […]
It is no accident that many of the capesize bulk carriers on order at shipyards in Asia are newcastlemaxes measuring 300 meters long and 50 meters wide. Those are the […]
India’s Great Eastern Shipping has logged better quarterly earnings as bulker rates hit 20-year highs. The Mumbai-listed owner said net profit in its third quarter ending 31 December reached INR […]
It was in June last year that Splash first reported of a major retailer, Home Depot, chartering in container tonnage to battle the ongoing supply chain crisis. At the time, […]
Ocean Network Express (ONE) has lifted its full year forecast for the 2021 financial year to $15.4bn. The bullish projection comes as the world’s sixth-largest liner operator reported third-quarter results […]
Shipping Strategy expects the dry bulk market to peak this year, earlier than previously forecast. With demand growth levelling off at 4%-5%, in line with historical averages, and fleet growth […]
The progression of the pandemic and cyber-attacks are two of the key threats that could put a pause on any recovery to the container shipping market and disrupted supply chains. […]
