How to ensure you have a Ballast Water Treatment System onboard that actually works
The second half of 2016 brought shockwaves to some shipowners who were still in a state of denial about the...
Oil Spread That Rules Trading Flow Seen Aiding OPEC’s Rivals
A crude-price spread that rules over the flow of supply to the world’s biggest oil market will probably favor producers outside the Middle East at least until OPEC meets next month.
Sugar Trade That Made Modern World Longs for Sweet Hereafter
West Indies plantations built from the 17th century to feed demand drove a nexus of commerce, capital and manufacture that fomented the industrial revolution and modern financial markets.
Shipping Stocks That Soared After the Election Have Now Tanked
Shortly after President Donald Trump was elected on Nov. 8, the stock prices of a slew of shipping companies soared by more than 1000 percent on hopes that commodity prices would rise and U.S. manufacturing would rebound
That sinking feeling
Too many ships, too little trade. On August 31st Hanjin Shipping, South Korea’s biggest container carrier and the seventh-largest in the world, filed for receivership, after five years of losses and another deficit in the first half of 2016.
Product tankers - a volatile market that could rip straight upwards
Springtime in New York coincides with earnings season, with listed companies now reporting their financial results...
World Trade at Sea Has Hangover From Party That Never Happened
Little more than a year ago, shipping companies hauling everything from furniture to electronics across the world’s oceans were looking forward to a period of surging demand. It didn’t work out that way and they’re still suffering now.