Most of us have seen the ‘Titanic’ movie but many of us will not know of the tremendous impact this terrible tragedy had in creating an international system for the regulation of ship, crew and passenger safety. This short article will focus on some of the key features of the ‘Titanic’ incident as the principal[…]
Shipping is well known as the ‘90% of Everything’ transport mode. However, it’s the freight volume and rates that are truly king. But what will be the impact on these ‘kingmaker’ factors in a world where ships load, navigate and discharge autonomously? READ MORE. . .
Last year saw a wild ride for the container sector with a number of major players choosing to ‘sell and consolidate’ over pending bankruptcy and Hanjin Shipping being earmarked as the world’s biggest ever shipping collapse. As always, over capacity was the core problem, driven by market disruptions which included both political and commercial impacts[…]
Due to on-going contraction in vessel supply and a healthy demand growth, the dry bulk shipping market is expected to recover during 2017 onwards, according to global shipping consultancy Drewry. Their most recent forecast, published last week, notes a better than expected outlook for dry bulk demand coupled with record levels of scrapping and a[…]
In today’s still stormy shipping market, it’s worth recalling that Darwin’s famous theory of evolution was not ‘the survival of the fittest’ but was actually ‘the survival of the quickest to adapt to change’. This week’s SeaBlog is about the commercial application of this theory to the business of offshore ship design and building –[…]
Singapore has no natural resources. Not even, apart from rain, its own supply of fresh water. But it does have a priceless location at the gate to the ‘over 100,000 ship transits per annum’ corridors of the Singapore and Malacca Straits. Singapore also benefits from a diligent, resourceful and well educated multi-cultural population. These key[…]
Shipping is a complex business that requires the optimum interaction of technology, regulation, marketing, commercial competence, risk management and high standards of seamanship. So where does one start learning about how it all works if you have not been involved in this business before? Or perhaps have been working in an administrative or service sector[…]
So sang recent Nobel Prize winner Bob Dylan several decades ago. SeaProf is quite sure that the world’s best known maritime economist, Martin Stopford, would endorse Dylan’s famous lyric in relation to shipping in 2016 and the future. The ‘gambling’ (buy low, sell high) strategies must stop, says Stopford, so as to prevent the recurring[…]