Topic: Demand

Wallenius Wilhelmsen reactivates final three vessels from cold layup

ShippingPRESS RELEASE – Wallenius Wilhelmsen has decided to reactivate the last three of its vessels that were placed in cold layup last spring due to the COVID19 pandemic. Reactivation will take place in the third...Read more

30-03-2021|Comment|author: Adnan Bajic

Shipping will be at the forefront of recovery, says UNCTAD

ShippingGlobal maritime transport is expected to drop by 4.1% this year as a result of the coronavirus, reports UNCTAD. However, the organisation expects maritime trade growth to bounce back in 2021 and increase by 4.8%,...Read more

19-11-2020|Comment|author: Adnan Bajic

Drewry: charter rates won’t recover until end of 2021

Shipping outlookCharter rates for multipurpose ships are not expected to recover back to pre-Covid-19 levels until the end of 2021, with the recovery anticipated to take even longer if the global pandemic is not contained, says...Read more

20-07-2020|Comment|author: Adnan Bajic