Freight rate indices are sending mixed messages but most of the latest indicators show a steady decline in rates as lines and shippers negotiate annual contracts on the transpacific.
The board of Gram Car Carriers (GCC) have unanimously recommended to shareholders a takeover bid from MSC through its subsidiary SAS Shipping Agencies.
One the most noticeable changes attending Singapore Maritime Week from 12 months earlier was how much further ammonia has moved up the agenda as a zero-carbon fuel for the future.
The shipping and maritime arm of Shell believes energy efficiency solutions that can be deployed now are a key part of decarbonisation efforts and should be a priority for the industry as whole.
The economic centre of gravity is slowly refocusing on regional developments in South America and Asia, and seeing the mature consumer markets lose out to the emerging economies, but that long-term change is slow and far from linear.