China-US trade war won’t affect global container supply chains

June 26, 2019 /

The trade dispute between the US and China could have fewer ramifications across global container supply chains than initially thought. According to new research from Drewry, although the transpacific trade, particularly headhaul eastbound, is expected to be hit hard by the introduction of billions of dollars’ worth of new tariffs, the way China has established…

Bunker market not ready for IMO 2020

June 19, 2019 /

The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap comes into force on 1 January next year, according to the Marine Bunker Exchange (MABUX).  In an article published by international shipping association BIMCO, the bunker exchange cautions that “shipowners are ready, but the bunker market…