Shipping

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Moving Containers Globally? Let’s Stick Together!

Container shipping is often thought of as the ‘glue’ which keeps the world economy turning, providing a low unit cost way of moving both manufactures and a range of other goods between producers and consumers around the world. As such, container ports and terminals are crucial nodes in the world’s transportation system, and their sheer number and ubiquity merits a close look.

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Asia VLCC Rates Fall to Four-year Low

Freight rates for very large crude carriers (VLCCs) on Asian routes show little sign of reviving although Hurricane Harvey, which threatens to ravage the U.S. Gulf coast oil refining industry over the weekend, could provide a fillip, brokers said.

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