The outbreak of the coronavirus is having a major impact on the transport and logistics industry but event planners are faced with tough decisions as well. An increasing number of breakbulk and project cargo events...Read more
Charter ratesThe charter rates for multipurpose vessels are starting to slide as a result of lower demand caused by the coronavirus. The average day rate for a 12,500 dwt MPV/HL vessel dropped with nearly 200 dollars...Read more
There’s little chance left that multipurpose and heavy-lift vessels will see any demand growth this year following the outbreak of the coronavirus. “Any anticipated recovery will not be sufficient to offset contractions of the first...Read more
Survey2020 has started tumultuous with rising fuel costs, weaker freight rates and the unexpected coronavirus outbreak. To report on these developments as accurately as possible and have a better understanding of what keeps our readers...Read more
AirfreightPRESS RELEASE – DSV has opened a new air cargo service between Shanghai and Huntsville, Alabama in response to the decrease in the daily airfreight capacity as a result of the coronavirus.
Due to the...Read more
The coronavirus has reached Europe causing an outbreak in northern Italy over the weekend. So far, seven people have died and another 229 have been infected. Companies in the region are quickly taking measures to...Read more
Amidst the chaos and uncertainty, analysts find it difficult to estimate the exact impact of the coronavirus on the multipurpose and heavy-lift shipping industry but certain is that key markets and competing sectors are heavily...Read more
Baltic Dry IndexThe Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The index currently stands at 487 points, down more than 1,100...Read more