UN urged to act on supply chain crisis

UN urged to act on supply chain crisis ‘The time has come for heads of government to respond to these workers’ needs,’ says union leader       Related Stories Daily Briefing September 30 2021 Shipowner Idan Ofer makes ‘green’ aquaculture investment Ignoring seafarer mental health could lead to legal claims   ‘The time has come for…

Weekly Briefing: Shippers tackle congestion chaos | Capesize rates break records | Energy shortfalls don’t help tanker surplus

Weekly Briefing: Shippers tackle congestion chaos | Capesize rates break records | Energy shortfalls don’t help tanker surplus The big retailers have looked to circumnavigate box shipping’s ongoing congestion and lucrative costs by indicating taking the unfamiliar step…       Related Stories Freight bonanza and demand for secondhand tonnage stifle demolition market Capesize daily rates leap…

Capesize daily rates leap to almost $75,000

Capesize daily rates leap to almost $75,000 Given the steep rise in rates in recent weeks, observers wonder if the market could run up to the $100,000…       Related Stories Freight bonanza and demand for secondhand tonnage stifle demolition market Weekly Briefing: Shippers tackle congestion chaos | Capesize rates break records | Energy shortfalls don’t…

Daily Briefing September 29 2021

Daily Briefing September 29 2021 Energy transition curbs medium-term oil demand | Newbuildings cancelled over LNG uncertainty says OPEC | Shipping feels impact of China’s…       Related Stories Cape futures make gains as spot market soars to new heights Scrapping of tankers in sanctioned oil trading questioned Insurance sector warns retailer charters may bust cargo…