Why is there so much excitement when dry bulk results are still in the red? The answer may lie in what pricing theory tells us about freight rates and profit potential.
Disruption will come from where you least expect it and there are six ways start-ups will transform shipping
Beyond the headline numbers of multibillion dollar investments, OBOR is an opaque concept for many. Industry actors from port operators to tanker owners are in the dark over how and to what extent the programme will affect their businesses, and how to develop and implement strategies to benefit from it.
The recent 'piracy' incident off the coast of Puntland is a reminder that ships should not take maritime security for granted, yet the attack on Aris 13 differed from the last known hijacking in 2012.
Is dry bulk’s self-defeating cycle about to repeat? Funding for second-hand asset acquisitions is surging, raising fears that newbuilding orders may be next.
Shipping has undergone significant change since the financial crisis a decade ago. The technological revolution that strives to achieve the next target without contemplating the consequences of what it has already achieved. And therein lies its deepest flaws.
Would fewer errors be made if some seafarers’ work is taken over by machine? And by implication, would shipping be safer if technology replaced some of the humans – and by extension, would shipping be completely safe if there was no one on board at all?
Shipping stands at a fork in the road. One path leads towards digitalisation, and the other leads to up-skilling of sea-and shore-based employment to better align the next generation of seafarers to the requirements of future technology.
The EU's State Aid Guidelines set the agenda at this year's European Shipping Week, while many agreed that IMO’s snail-pace is increasingly unhelpful in an age of digital disruption.
Europe's shipping sector leaders were left less than satisfied after the European Union's transport commissioner Violeta Bulc failed to provide a strong vision for the maritime industry at the closing session of European Shipping Week.
The professionals that serve shipowners – the lawyers, bankers, consultants, class specialists, journalists, and others – should expect higher demand for advice on downside threats during the Trump era.
OPEC Secretary-General Mohamed Sanusi Barkindo told delegates at International Petroleum Week in London that the oil industry cannot afford to see investment levels fall for a third year in a row.
ESPO and FEPORT take on European Parliament decision seems to imply that they feel the shipping industry has not yet fully grasped the urgency with which it needs to deal with its emissions problem.
Automation and innovation in shipping will become a reality, whether we like it or not. But workers will fight for their jobs, as seen in the threatened Spanish dockers strike.