Demand growth in the container-shipping industry probably won’t return to pre-crisis levels in the coming years as the pace of globalization slows, the head of Maersk Line’s North European operations said. 

Drewry’s latest Tanker Forecaster shows a market still blighted by surplus capacity. 

Maersk Line, MSC and CMA CGM now have such big economies of scale in the transpacific that they can ride out the current eastbound freight rate war more comfortably than the rest of the pack.

Moody's notes that the ongoing shift in trade patterns owing to falling US oil imports has credit-negative implications for the entire tanker industry as it is likely to depress freight rates.

THE collapse of the German KG ship financing system leaves a hole in the small box ship market, which needs to be filled, particularly as smaller vessels need to be more fuel efficient and eco-friendly

The latest OPEC monthly oil report noted that global fixtures in April declined by 2.4% compared with the previous month to average 17.44 mb/d.