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Category Archives: shipping

Forewarned is Forearmed: Maritime Industry at Stake

Forewarned is Forearmed: Maritime Industry at Stake

Forewarned is forearmed. 2016 seemed to be a really tough year for shipping companies: Global financial slowdown and global meltdown have significantly affected freight companies and similar. Earlier this semester, Suzzanne Uhland wrote about the effects of such juncture in the industry, and after two months, the bankruptcy of the Hanjin Shipping Line caused a… Read More…

Present and Future of The Shipping Industry

Present and Future of The Shipping Industry

It is not a secret that the global economy is going through a rough time. This situation completely affects everything along the supply chain and the way different industries make decisions. Perhaps, one of the industries that has suffered the most should be the shipping industry. For this industry numbers had reached a new low… Read More…

Environmental Policies: The Maritime Industry

Environmental Policies: The Maritime Industry

The International Chamber of Shipping (ICS) has just made a huge revelation: apparently it would take almost 50 years—half a century!—for the maritime industry to reach the levels of CO2 reductions proposed by the Paris Agreement. It is not an utter nonsense to assert that, given the size and magnitude of the maritime industry, such… Read More…

The most significant bankruptcy in the shipping industry

The most significant bankruptcy in the shipping industry

Currently, the world commerce is increasing in an exponential way more and more. Thanks to the globalization, companies from every country can trade their product and services in an unprecedented way. Today, one of the most important means for the world commerce is the shipping industry, due to its low costs compared other transportation ways… Read More…

Effects of the Greek crisis in the shipping industry

Effects of the Greek crisis in the shipping industry

The shipping industry is in crisis, companies are reporting plunging profits and its conditions are now tougher than after the global financial crash. The Baltic Dry Index, a benchmark for the health of the global shipping industry, has recently plumbed all-time lows. Jonathan Roach, container market analyst at shipbroker Braemar, said the industry is being… Read More…