The Young Professionals in Shipping Network (YPSN) PRC held its 5th event in Shanghai last Thursday, attracting over 130 attendees, including shipowners, managers, insurers, freight forwarders and cargo owners.
Oversupply of tonnage will continue to hit freight rates for the “near term” followed by a sudden leap in demand after delayed projects complete, according to Drewry's latest report.
World infrastructure is often measured by whether the trains run on time, but is there anyone who can make boxships run on time? Two separate reports from analysts at Drewry Maritime Research and SeaIntel have recorded discouragingly low...