Despite a week on week upturn, the market fundamentals suggest the rapidly built floating storage of crude has peaked, while the outlook for car carriers is weak with global vehicle demand plummeting

Shipping companies are actively cutting costs in order to stave off the worst of the financial implications of a coronavirus-led drop in demand. New initiatives to integrate digital technologies into operations could help with this process

A global solution to the issue of crew changes during the coronavirus crisis has been endorsed by the International Maritime Organization, which may offer a pathway to freeing seafarers trapped by lockdowns and travel restrictions

Around 220 fewer ships will be delivered to the global market in the 2020-24 period than in the preceding five years, according to new data from Lloyd’s List Intelligence, while the number of vessels scrapped in the opening four months of this year has fallen by 42% from 2019

Before coronavirus, the focus of container shipping boardrooms was the International Maritime Organization’s sulphur cap rules, decarbonisation and digitalisation. Now, a seemingly inevitable global financial downturn is likely to be the sector’s biggest test

The global fleet of seagoing trading ships will grow at a much slower annual rate in the 2020-24 period than in the previous five years, according to a new forecast from Lloyd’s List Intelligence