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ICS: 10 Years after Downturn, Oversupply Still a Major Challenge
Avoiding overcapacity and unsustainably low freight rates is still a major challenge, ICS Deputy Secretary General [...]
Tanker Earnings to Remain Low in 2018 amid Oversupply
The recovery of the tanker market forecast to start next year and give the much-needed boost [...]
Demolition: Time to Take The Bitter Pill
Low freight rates should be the best incentive for owners to take the bitter pill and [...]
Drewry: Oversupply Persists in Asia-Mediterranean Trade
The withdrawal of Hanjin Shipping’s tonnage has not been enough to rectify the Asia-Mediterranean trade’s supply-demand [...]
Drewry: Fleet Oversupply to Weaken Chemical Shipping Rates
Softening seaborne trade and rising fleet growth are expected to depress chemical shipping freight rates over [...]