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The shipping market in 2016 and looking forward

03 January 2017

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.

Dry Bulk Shipping

15 December 2009

Enjoy the ride while it lasts - before over-supply of capacity takes over. Demand: Chinese imports of iron ore and coal have been the dominating factor throughout the year

Transition to 2020 presents charter party challenges

07 October 2019

The industry will see the first “live issues” between charterers and shipowners over the switch to low-sulphur fuel in the last quarter of 2019, Tiejha Smyth tells The Bulletin. Smyth is a deputy director in the Freight, Demurrage and Defence (FD&D) department of the North of England P&I Club, and she – along with the rest of the North FD&D team – is busy advising and helping club members to prepare for the uncertainties.