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Maritime Trade in Transition
Trade patterns will be redefined over the next decade as the combined effects of the fourth industrial revolution (artificial intelligence, robotics, the internet of things, 3D printing and digitalisation), shifting global demographics, emerging non-OECD middle class, decarbonisation of industry, climate change and many other factors disrupt everything we know about economic growth, from labour markets to trade relations.
Latest From Political and Trade, Political Risk and Trade, Market Outlooks, Annual Outlook & Mid-Year outlook
With strong supply-demand signals, external factors such as Washington’s policy preferences have become the strongest risks to shipping markets
New rulings on the Hague Rules and time-barring of claims for awaiting orders could have profound implications in future shipping operations
A year and a half before the sulphur cap, attention needs to focus on enforcement
Owners face obstacles on the journey to freight recovery as trade growth remains lacklustre
Oversupply worries persists with large newbuilding tonnage, while high bunker bills erode earnings of carriers
With a broad market recovery and a brighter outlook, owners have a chance to avoid past mistakes in 2018
As the shipping season moves into the summer, flashpoints in the tankers market include consolidation, asset prices, potential American cargoes and the threat of fleet growth
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