BIMCO: Dry Bulk Shipping Fundamentals Seen Improving Moving Forward

Thu, 25 Apr 2024 21:00:58 +0000 We expect the supply/demand balance to strengthen in 2024 and weaken in 2025. Supply is estimated to grow by 2-3% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 2.5-3.5% in 2024 and stagnate in 2025. Overall,...

Secure Intermodal Data Practices through the SPEAR Approach

Fri, 26 Apr 2024 21:00:57 +0000 Like so many industries, the intermodal transportation sector runs on data. Clear, accurate and up-to-date information informs the strategies and business decisions of terminal operators and port authorities. The digital age gives us...

Global Supply Chain Disruptions Are Impacting Ship Recycling

Wed, 24 Apr 2024 21:00:59 +0000 Older ships’ decommissioning is being negatively affected by the persisting supply chain disruptions. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the leading cash buyers of ships globally, said that “Dubai...

Middle East Tensions to Impact the Tanker Market

Tue, 23 Apr 2024 21:00:59 +0000 The tanker market is bound to be further impacted by the escalation of the Middle East tensions. In its latest weekly report, shipbroker Xclusiv said that “news of an Israeli strike on Iranian territory, potentially escalating tensions...