Global container shipping can expect to enjoy less volatility in freight rates, though not necessarily higher rates, in a market marked by slow demand growth and reduced competition for market share amongst liners.
With the ever growing sizes of ships the nightmare of a $4bn casualty involving an ultra-large containership and cruise vessel was highlighted at breakfast seminar hosted by the Emirates Maritime Arbitration Centre (EMAC).
For US oil exporters, the news is all good. The monthly report just released by the International Energy Agency (IEA) has put the US at the top of the oil exporting league, albeit temporarily - for a short period in June.
Any shipping banker not considering green issues and climate concerns when weighing up a customer and a potential transaction is now under-performing. This was the clear message from Sir Roger Gifford, chairman of the Green Finance Initiative and...