November’s Export Growth in China Most Likely Stalled
China's export growth probably lost some steam in November amid weakening demand and high-cost pressures on exporters, while imports likely slowed slightly and concerns over the Omicron variant weighed on the outlook, a...
This Country Inclined To Get Back To Phase Of ‘Zero-COVID’
Since October 17, China has reported at least one locally transmitted case every day, as local outbreaks continue to flare up one after another with increasingly short intermissions.
For more than a year,...
Synergy Group – Oldendorff Ink Ship Management Agreement
Synergy Marine Germany GmbH signed an agreement to manage part of the bulk carrier fleet owned by Oldendorff Carriers, one of Germany’s foremost shipowners and one of the world’s leading dry bulk operators, says...
World Container Index Down By 1.5%
Drewry’s composite World Container index decreased by 1.5% to $9,050.77 per 40ft container this week.
Drewry’s detailed assessment for Thursday, 2 December 2021
The composite index decreased 1.5% this week, but remains 196% higher than...
Gibson Tanker Report – South Of The Border
Latin America has historically been home to both a large population and large refining base. However, decades of underinvestment and economic turmoil, coupled with overseas competition has seen regional players struggle to service domestic...
Will China’s Low Birth Rate Jolt The Global Economy?
China, the world's most populous country, may soon run out of labour as reported by Business Insider.
Economic status
It's been a rocky year for the Chinese economy, what with the Evergrande crisis and COVID cases...
Ample Coal Supplies Compete With More Expensive LNG in China
Nov LNG shipments to China slip, reversing usual Nov uptrend.
Chinese buyers turn to piped gas and term imports instead.
A Reuters news story states that By Jessica Jaganathan and Chen Aizhu China pares...
“K” LINE Gets VSPS Certification for Car Carrier
"K” LINE has obtained certification of “Vessel Seasonal Pest Scheme” (VSPS) from Australia Department of Agriculture, Water and Environment for car carriers under “K” LINE’s operation on November 18th, 2021.
The Australian Government...
Why Long-term Shipping Contract Costs More Than 400%?
Shipping industry officials told a committee on Wednesday that the global supply chain crunch has pushed long-term shipping contract costs up more than 400%.
Alongside this, with costs and demand rising, and supply...
Forwarders Feel the Brunt of Mismatch Between Demand and Supply
Shippers with ‘unreasonable’ expectations are causing headaches for forwarders – big and small.
Exhausted forwarders have told The Loadstar the job is currently extremely stressful.
It is particularly in the air cargo peak,...