1. Maersk rules out Suez Canal routings for Gemini launch

   14 October 2024 Greg Knowler

   Cargo owners’ need to plan Asia-Europe shipments for next year was behind Maersk and Hapag-Lloyd discarding the Suez Canal as an option when...

2. Heavy frontloading sets up US-Asia trade for falling rates, imports

   14 October 2024 Bill Mongelluzzo

   Asia-to-US freight rates at the tail end of the peak shipping season are falling faster than is typical for this time of year given the heavy...

3. Brief ILA strike alters once-placid labor landscape on East, Gulf coasts

   11 October 2024 Peter Tirschwell

   Over several months beginning last November when the International Longshoremen’s Association (ILA) first mentioned the possibility of a strike...

4. Lure of robust Asian peak season a magnet for air cargo capacity

   11 October 2024 Greg Knowler

   Air cargo operators are shifting freighter aircraft from South America, India and Africa to the more lucrative Asian export trades where sustained...

5. Air cargo shrugs off seasonality to ride wave of e-commerce demand

   19 August 2024 Greg Knowler

   Barring changes to import duty rules in the US and Europe, e-commerce platforms will keep driving up air cargo volumes while soaking up capacity...

6. When it comes to the Red Sea diversions, the world is moving on

   13 August 2024 Peter Tirschwell

   As months go by with no sign that ships transiting the Red Sea will become safe from attack, a realization is taking hold that could portend...

7. Logtech investment slump signals pivot from disruption to enablement

   09 August 2024 Eric Johnson

   The cratering of venture capital investment into logistics technology last year signals not only a freight market cooling from the overheated...

8. Nervous US shippers have few options in the face of port strike threat

   01 August 2024 Mark Szakonyi

   It’s nearly too late to join other importers that have frontloaded cargo to those ports, with mid-August being the latest Asia shipments can...

9. Smaller forwarders tap into frustration of overheated ocean market

   31 July 2024 Peter Tirschwell

   For at least some midsize forwarders, this is a summer of discontent. The reason why speaks to larger trends cascading through the industry as...

10. West Coast ports say ready to handle peak season bump after front-loading surge  

    25 July 2024 Bill Mongelluzzo

    Container dwell times improved at North America’s major West Coast gateways in June despite strong volume growth amid front-loaded cargoes, and...

11. Supreme Court’s ‘Chevron’ decision expands window to challenge FMC rulemaking  

    18 July 2024 Mark Szakonyi

    The Supreme Court’s late June ruling weakening the power of federal agencies gives ocean carriers a more favorable landscape to challenge imminent...

12. Large forwarder acquisition activity, advent of AI puts pressure on midsize NVOs

    18 July 2024 Eric Johnson

    Midsize non-vessel-operating common carriers (NVOs) face an uncertain path when it comes to the future of their businesses, with pressure coming...

13. ILA contract rhetoric turns up heat as uncomfortable summer begins for shippers

    08 July 2024 Peter Tirschwell

    Nearly a half century of labor peace on the US East and Gulf coasts has been thrown into doubt with negotiations canceled on June 10 by the International...

14. Transfix sale highlights VC’s uneasy fit with freight brokerage

    08 July 2024 Eric Johnson

    In an eight-month period, the digital freight brokerage model has taken multiple body flows that demonstrated a heavier exposure to market dynamics...

15. Peak season surcharges land earlier, and higher, in hot trans-Pacific market

    08 July 2024 Bill Mongelluzzo

    Trans-Pacific container lines are capitalizing on earlier-than-expected peak season momentum by levying seasonal surcharges now on the capacity-constrained...

16. Container market turn could keep capacity tight until October

    04 July 2024 Mark Szakonyi

    HAMBURG — Well, that escalated quickly. In just several weeks, the container shipping market has turned dramatically, sending spot rates surging...

17. Is the container shipping system running out of capacity?

    21 June 2024 Peter Tirschwell

    The return of vessel queues outside Singapore, and many other ports for the first time since Covid point to trouble in the system that transports...

18. Russia's shadow fleet − Formation, operation and continued risks for sanctions compliance teams

    18 June 2024 Jeremy Domballe Byron McKinney

    Russian oil exports continue to divest from the use of "Western" covered services. A recent S&P Global Commodity Insights report noted nearly...

19. US rail cargo crime on the rise as thieves, methods gain sophistication

    31 May 2024 Ari Ashe

    Cargo crime on US freight railroads is becoming a growing concern to industry stakeholders because it’s become more sophisticated, organized...

20. Annual contract talks offer up new twist in carrier-forwarder relationships

    31 May 2024 Peter Tirschwell

    The actions of ocean carriers to restrict the access of forwarders to so-called named-account rates in just-completed annual contract negotiations...

21. ‘Resilience’ to container shipping shocks fades in post-COVID era

    30 May 2024 Peter Tirschwell

    It was one of the key questions to come out of COVID-19: How would the behavior of shippers change, or would it change, following the worst-ever...

22. Import demand, weather strains already stretched shipping system

    30 May 2024 Mark Szakonyi

    Another crack of the Red Sea disruption-driven bullwhip is keeping ships on the Asia-North America trade unusually full.

23. Oil price cap policy — Customs and ship-tracking anomalies

    29 May 2024 Yingzhi Zhang Byron McKinney

    Oil shipments and classification within the scope of the G7 oil price cap attestation process, the use of "other fuel oils" to describe cargoes...

24. Opinions mixed on potential for disruption as ILA contract deadline inches closer

    25 April 2024 Peter Tirschwell

    As dockworkers along the US East and Gulf coasts negotiate local port agreements ahead of a mid-May deadline set by their union president, management...

25. Ocean carriers push Panama Canal to mitigate climate effect on water levels

    22 April 2024

    The Panama Canal’s ability to handle more ships in the coming months is an encouraging sign for ocean carrier executives who say the added capacity...

26. Spectacle of shipping disruptions overshadows manageable impact to cargo

    10 April 2024 Mark Szakonyi

    The disruptions to containerized supply chains over the last three years that have grabbed international attention are significant in their physical...

27. India sourcing boom drives US import container growth

    08 April 2024 Mark Szakonyi

    India is finally becoming the manufacturing power and sourcing alternative to China that it has long promised to be, shifting container lines’...

28. Lack of progress in Canadian rail talks raises possibility of May strike

    02 April 2024 Ari Ashe

    A stalemate over a new collective bargaining agreement for Canadian rail conductors and engineers has set the stage for vote by union members...

29. Ocean carriers curb trans-Pacific blank sailings while boosting capacity

    01 April 2024 Bill Mongelluzzo

    Container carriers are blanking fewer trans-Pacific sailings than they did the previous two years as the longer voyages around the southern tip...

30. OSRA 2.0 bill targets China, leaves shipping antitrust exemption untouched

    28 March 2024 Mark Szakonyi

    Recently passed US House legislation amending landmark shipping reform that was enacted in 2022 shows the lack of appetite Congress has in reigning...

31. Modest economic hit from Red Sea disruption obscures larger shipping changes

    01 March 2024 Mark Szakonyi

    Three months after Houthi rebels began rocking global trade by attacking commercial ships in the Red Sea, the extent to which the disruptions...

32. Ocean carrier push for carbon pricing mechanism not without risk

    29 February 2024 Peter Tirschwell

    If there is one consistent and increasingly vocal theme coming out of the liner shipping industry, it’s that an effective carbon pricing mechanism...

33. Maritime State of Play Report: Evolution of deceptive shipping practices — Voyage irregularities

    28 February 2024 Jeremy Domballe

    The purpose of this paper is to provide some context as to what constitutes the concept of "voyage irregularities" by building on to what has...

34. Container shipping still has an overcapacity problem, but it’s far from insurmountable

    15 February 2024 Mark Szakonyi

    Global container capacity is set to expand by 10% this year over 2023 despite expectations that vessel recycling will hit records levels. Meanwhile...

35. Logistics’ complicated structure requires equally complex approach to AI usage

    14 February 2024 Eric Johnson

    The proliferation of artificial intelligence (AI) in logistics over the past year, predominantly around so-called generative AI, has led to a...

36. Asia shippers get government help to offset Red Sea disruptions, soaring costs

    23 January 2024

    Small and medium shippers in South Korea are being guaranteed vessel space for spot cargo on Asia to Europe and Mediterranean services after...

37. Stronger intermodal service in H2 leads to high customer satisfaction: survey

    11 January 2024 Ari Ashe

    BNSF Railway, CSX Transportation and J. B. Hunt Transport Services were the top-performing domestic intermodal providers in the second half of...

38. Destocking freeing up US warehousing space, but costs remain elevated

    09 January 2024 William Cassidy

    Warehousing is more widely available across the United States, even in historically tight markets such as Southern California and Chicago, thanks...

39. Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships

    08 January 2024 Peter Tirschwell

    SINGAPORE — As if shippers needed even more risk associated with their containerized supply chains beyond pandemics, droughts and attacks on...

40. World trade vehicle outlook — trends and forecast

    17 November 2023 Maciej Martyniuk Krzysztof Ziolkowski Sr

    There has been a period of intense changes on the automotive market in recent years.

41. Hobbled Panama Canal pinched further as eastern Asia factory growth favors Suez

    13 November 2023 Mark Szakonyi

    The likelihood of months-long draft and transit limitations at the Panama Canal becoming a regular feature of routings to the US East Coast from...

42. Retailers pivot in fast-moving trans-Pacific as carriers accelerate blank sailings

    13 November 2023 Bill Mongelluzzo

    Blank sailings on the eastbound trans-Pacific are accelerating this month as carriers seek to reestablish some control over the current low-growth...

43. US wind industry navigates deep waters to meet ambitious offshore target

    13 November 2023

    The US wind industry’s next frontier will be based in very deep water — and getting there will require floating offshore wind farms, as the US...

44. Ocean carriers survey changing market and ponder next course of action

    13 November 2023 Peter Tirschwell

    If there’s one question looming above all others as the era of extreme carrier profitability recedes into the past, it is this: What will ocean...

45. Maritime State of Play Report: Evolution of deceptive shipping practices — Disabling/manipulating AIS

    09 November 2023 Jeremy Domballe

    This paper provides some context as to what the tactic of "disabling the automatic identification system (AIS) on vessel" consists of by providing...

46. Maritime State of Play Report: Deceptive shipping practices — Emerging company trends

    23 October 2023 Jeremy Domballe

    This paper analyses changes in companies founded and incorporated since 2000, with particular interest and focus on those established post-2021....

47. Aging Tankers, ESG Obligations and Compliance Consequences

    17 October 2023 Byron McKinney

    Following the explosion in May 2023 onboard the Pablo (IMO: 9133587), a 26-year-old tanker vessel of 97,000 DWT resulting in loss of life but...

48. Rising green fuel costs offer looming challenge for carriers, BCOs

    27 September 2023 Greg Knowler

    The alternative fuels being developed by the container shipping industry could be up to five times more expensive than current fossil fuels...

49. Panama Canal draft restrictions offer sustained challenge for carriers

    20 September 2023 Peter Tirschwell

    The prospect of draft limitations being extended well into next year on the largest ships able to transit the Panama Canal has ocean carriers...

50. Dynamics behind Flexport’s leadership change signal digital forwarding’s natural endpoint

    19 September 2023 Eric Johnson

    A Sept. 15 headline in The Information, an online technology-focused publication, declared that Flexport’s 2023 revenue had dropped 70% year...

51. Forwarders now liable for export control violations as US tightens shipping security

    14 September 2023 Mark Szakonyi

     Non-vessel-operating common carriers (NVOs) and forwarders could find themselves facing hundreds of thousands of dollars in fines levied by...

52. Is the Russian-Ukrainian conflict accelerating the arms race? Arms trade analysis

    13 September 2023 Maciej Martyniuk Krzysztof Ziolkowski Sr

    Arms trade analysis

53. Will mainland China and India gain from the Russian-Ukrainian conflict? — Crude oil market analysis

    12 September 2023 Krzysztof Ziolkowski Sr

    Crude oil market analysis

54. Hopes for import rebound on trans-Pacific shift toward pre-Chinese New Year

    30 August 2023 Mark Szakonyi

    The apparent slight and short-lived peak season on the trans-Pacific has shifted the container shipping industry’s hopes of a more significant...

55. U.S. FinCEN & BIS High Priority Items List – Trade Patterns for Russian Battlefield Electronics

    28 August 2023 Byron McKinney

    This paper seeks to identify and analyze the FinCEN and Bureau of Industry and Security (BIS) Joint Alert issued May 19th, 2023, regarding Russian...

56. World Trade Grain Outlook — Trends and Forecast

    21 August 2023 Maciej Martyniuk Krzysztof Ziolkowski Sr

    The year 2022 was marked by food crises caused by prices rising for a long time. The factor that contributed significantly to price increases...

57. FMC walks tightrope on 'refusal of service' rulemaking

    16 August 2023 Mark Szakonyi

    A change in how the U.S. Federal Maritime Commission (FMC) is approaching contentious rulemaking on when a container line can refuse to serve...

58. ILA flexes to fight on multiple beachheads

    11 August 2023

    HOLLYWOOD, Florida — Harold J. Daggett, head of the International Longshore’s Association and a former U.S. Navy medic who served in the Vietnam...

59. No U.S. freight rebound until 2024: analysts

    11 August 2023 William Cassidy

    Inflation is falling and the U.S. economy is expanding at a faster-than-anticipated rate, but U.S. freight demand isn’t rebounding.

60. Strategic focus on higher-margin business pays off for forwarders

    26 July 2023 Greg Knowler

    Greater focus on higher-yielding air and ocean cargo in a sustained weak rate environment and anemic demand from major markets is paying dividends...

61. ILA chief calls for global union fight against port, maritime automation

    25 July 2023

    The head of the International Longshoremen’s Association (ILA) is calling for global labor action against ocean carriers and marine terminal...

62. Longshore labor unrest a new daily fact of life for North American shippers

    19 July 2023 Peter Tirschwell

    Shippers of goods in and out of ports in the U.S. and Canada have been forced to navigate an unusually volatile longshore labor environment over...

63. Logistics technology market grappling with pandemic period overhiring

    18 July 2023 Eric Johnson

    A wave of layoffs across the broader technology sector over the past year has intermittently bled into the logistics industry, most notably at...

64. ILA Charleston protest aims to up ante on expanded work jurisdiction

    12 July 2023

    The International Longshoremen’s Association (ILA) plans to demonstrate at the South Carolina state capitol Wednesday to send a message that...

65. Asset vs. non-asset debate in logistics services is sharpening post-Covid

    22 June 2023 Peter Tirschwell

    The COVID-19 pandemic and the disruption it wrought on containerized supply chains brought new relevance to an age-old question facing shippers...

66. Air Cargo Trade Compliance – Recent Regulatory Changes

    08 June 2023 Ravi Amin

    Recent regulatory guidance and updates with highlight of specific goods and countries of risk for Air Cargo Operators.

67. ‘Super’ slow steaming makes a comeback as surplus capacity builds

    26 May 2023 Greg Knowler

    The gaping imbalance between supply and demand is forcing ocean carriers to deploy a capacity-absorbing measure rarely seen since the dark days...

68. Ocean trade emerges from pandemic haze to face new realities

    25 May 2023 Peter Tirschwell

    It is a familiar moment in container shipping markets, but deceptively so. The reappearance of overcapacity and general rate increases (GRIs)...

69. Shippers, regulators muddle through ‘grey area’ of rail storage fees

    24 May 2023 Mark Szakonyi

    Shippers are urging Congress to close the regulatory loop for rail container storage fees by expanding the Federal Maritime Commission’s (FMC’s)...

70. Russian Shadow Shipping – Emerging New Owners

    17 May 2023 Byron McKinney

    This paper analyses shipping companies founded and incorporated in 2022 and their potential relationships with Russia. By uncovering a previously...

71. Renewed focus on purchase order management leads to tech vs. service dilemma

    05 May 2023 Eric Johnson

    Pandemic-induced demand for containerized goods in 2021 and early 2022 brought back in vogue a software category — purchase order (PO) management —...

72. PSA leveraging forwarder acquisition to serve shippers directly

    25 April 2023 Mark Szakonyi

    The idea of a major global marine terminal operator not expanding its reach beyond its truck gates and docks seems almost trite. Yet, PSA International's...

73. Weekend chassis access becomes post-COVID sticking point in US

    20 April 2023 Ari Ashe

    Over the last two years, US cargo owners have been hit with demurrage penalties at inland rail ramps that were never issued before the market-altering...

74. Vessel Ownership, Trade Finance and Regulatory Compliance

    14 April 2023 Byron McKinney

    This paper explores vessel risk based upon whether Group Ownership information is known or unknown for each vessel alongside identified compliance...

75. Latest push for US shipping reform to test regulatory appetite

    13 April 2023 Peter Tirschwell

    Following the spectacle of ocean container shipping being thrust into public view during the COVID-19 pandemic, thanks in no small degree to...

76. Demurrage invoicing complications cloud FMC’s free time rulemaking process

    12 April 2023 Eric Johnson

    The manner in which ocean carriers and marine terminals assess fees to importers for containers that dwell at port yards beyond contractual free...

77. US outlook for second-half rebound of Asia imports darkens

    29 March 2023 Mark Szakonyi

    Forecasts for a significant recovery in US retail imports in the second half of 2023 seem to darken by the day. The weakening US housing construction...

78. Russia's Shadow Fleet - Understanding its Size, Activity and Relationships

    17 March 2023 Byron McKinney

    While an exact number in the shadow fleet would be difficult to determine, there are certain vessels with particular characteristics and patterns...

79. MSC prepares for delivery of Hapag-Lloyd-sized orderbook

    09 March 2023 Greg Knowler

    Mediterranean Shipping Co. (MSC) is scheduled to take delivery of more than 1 million TEU in capacity over the next two years with an orderbook...

80. Is humanity giving up meat? Exploring factors affecting global meat trade

    15 February 2023 Krzysztof Ziolkowski Sr

    Exploring factors affecting global meat trade

81. 2M breakup throws carriers’ operating playbook out the window

    02 February 2023 Peter Tirschwell

    No one remotely familiar with container shipping, when they first saw the Jan. 25 announcement of the breakup of the 2M alliance, failed to recognize...

82. Sourcing shift from China pulls US import share to more than a decade low

    01 February 2023 Mark Szakonyi

    Efforts by US importers to reduce their reliance on China to mitigate the risks of pandemic-driven disruption and rising geopolitical tensions...

83. ILWU ‘sending message’ to West Coast terminals as contract talks drag on

    27 January 2023 Bill Mongelluzzo

    Frustration is growing among West Coast port officials, shippers, and truckers over a string of recent job actions by dockworkers that are disrupting...

84. Trends in grains market during Russian-Ukrainian war

    23 January 2023 Krzysztof Ziolkowski Sr

    The Russia-Ukraine war has had a significant impact on European countries. From the perspective of migration movements, Poland has received about...

85. Shore Thing - 2023 Global Trade Themes

    20 January 2023 Chris Rogers

    The long-awaited downturn in global trade will take place in 2023. Supply chain realignments that have been years in the making will begin to...

86. Pass-through fees could disincentivize carriers from decarbonizing: shippers

    17 January 2023 Greg Knowler

    Decarbonizing shipping will cost more than $1 trillion, according to industry estimates, much of which will be passed on to shippers.

87. Maritime and Trade Talk - Oil Price Cap: Implications for Trade and Shipping Risk

    05 January 2023 Lilit Gevorgyan Fotios Katsoulas Byron McKinney

    S&P Global Market Intelligence experts discussed the impact of the oil price cap and scenarios we will see in the coming months in Maritime and...

88. Saudi Arabia aims to quadruple containerized trade by 2030

    23 December 2022

    Saudi Arabia is making a sizable bet that it can transform its container shipping sector, much like it’s trying to do in other non-oil sectors...

89. Calmer supply chain waters beckon in 2023

    19 December 2022 William Cassidy

    Normalization is still a goal — not a reality — for logistics managers moving goods worldwide and within the United States. After three years...

90. Bargain shoppers accelerate US retail inventory shift

    15 December 2022 William Cassidy Cathy Morrow Roberson

    Ollie’s Bargain Outlet is expanding one distribution center and adding another in early 2023 to meet demand that is shifting inventory toward...

91. US offshore wind push runs into bureaucracy, investment headwinds

    12 December 2022 Janet Nodar

    California has completed its first steps toward joining the global offshore wind (OSW) energy buildout with a first auction of leases that will...

92. Global Trade Monitor – December 2022

    12 December 2022 Katarzyna Skrzypek Agnieszka Maciejewska

    Global Trade Monitor – December 2022

93. Trade Route Question: Connecting or Direct Shipping?

    07 December 2022 Yingzhi Zhang

    In international maritime shipping, direct route is not always available for many shippers. While non-stop from origination to destination will...

94. Regulations and fuel transition impact in Shipping and Shipbuilding market – Q4 2022

    28 November 2022 Daejin Lee

    Limited ship supply growth driven by new IMO regulations to help shipping freight market recover in mid and long term

95. All members are already on board. Will RCEP boost the economy?

    23 November 2022 Krzysztof Ziolkowski Sr

    Regional Comprehensive Economic Partnership (RCEP) agreement to enter into force on 1 January 2022.

96. Overcapacity, falling spot rates risk trans-Pacific rate war

    22 November 2022 Mark Szakonyi

    With container spot rates from Asia to North America plunging below post-pandemic levels and a flood of new tonnage set to push the container...

97. The Impact of Russia's Invasion of Ukraine: A Trade Finance Perspective- October Update

    21 November 2022 Byron McKinney

    September and October witnessed significant new developments in the Russia/Ukraine conflict. The retreat of the Russian army from key towns and...

98. Global Trade Monitor – November 2022

    15 November 2022 Katarzyna Skrzypek Agnieszka Maciejewska

    Global Trade Monitor – November 2022

99. Lack of infrastructure could stymie global, US wind energy targets

    11 November 2022 Janet Nodar

    Wind may be the go-to renewable energy source of today, but intransigent supply chain bottlenecks will likely prevent developers from reaching...

100. China slowdown vs. opportunities for South Asia and ASEAN countries

     07 November 2022 Katarzyna Skrzypek Agnieszka Maciejewska

     The most recent data for mainland China by S&P Global Market Intelligence, Global Trade Analytics Suite show that after a positive trend in year-on-year...

101. The Big Picture: Global 2023 Trade Outlook

     04 November 2022 Krzysztof Ziolkowski Katarzyna Skrzypek Chris Brooks Agnieszka Maciejewska

     A look ahead to the key strategic trends in world trade expected through 2023 and beyond.

102. Shipping faces stiff competition for green fuel supply

     31 October 2022 Greg Knowler

     The container shipping industry needs to make major advances in alternative ship power to meet new decarbonization rules, but is also competing...

103. Confusion around ocean freight indexes limits their usefulness: shippers

     20 October 2022 Eric Johnson

     A proliferation of ocean freight rate indexes in recent years is providing more confusion than clarity for capacity buyers, a signal that the...

104. Potential prolonged COVID-19 containment during the 20th National Congress of the Communist Party of China and slower-than-expected economic growth will continue to limit upside potential in the near-term

     18 October 2022 Liz Gao

     Mainland China is pursuing COVID-19 outbreak control and a stable economic growth in the run-up to the 20th national congress of the Communist...

105. Maritime and Trade Talk - Trade Outlook: Response to Geopolitical Events

     13 October 2022

     Dr. Jakub M. Kwiatkowski, a senior economist within the Global Trade Analytics Suite (GTAS) Forecasting team of S&P Global Market Intelligence...

106. Global Trade Monitor – October 2022

     12 October 2022 Katarzyna Skrzypek Agnieszka Maciejewska

     From a quarterly perspective, the most recent data for the second quarter of 2022 from S&P Global Market Intelligence...

107. Data-fueled Supply Chain Optimization

     04 October 2022 James Kwan

     The results of our latest research highlight the important role that data plays in supply chain management and the breadth of related challenges...

108. Carriers pivot on the fly as Asia-US spot rates plummet

     30 September 2022 Bill Mongelluzzo

     Carriers pivot on the fly as Asia–US spot rates plummet

109. Global Trade Monitor – September 2022

     15 September 2022 Katarzyna Skrzypek Agnieszka Maciejewska

     From a quarterly perspective, the most recent data for the second quarter of 2022 from S&P Global Market Intelligence - Global Trade Analytics...

110. Maritime and Trade Talk - An Insurers’ Perspective: Navigating Maritime Risks in a sea of New and Emerging Challenges

     15 September 2022 George Devereese

     The global shipping and maritime industry is facing a myriad of challenges and there is ever greater importance to have a sense of clarity on...

111. Tankers at Sea Insight: VLCC segment breaks out of rut as higher employment in summer buoys earnings

     07 September 2022 Yen Ling Song Izzaty Kamal Fotios Katsoulas

     VLCC segment breaks out of rut as higher employment in summer buoys earnings

112. Shipping market outlook - Container vs Dry bulk: Q3 2022 update

     05 September 2022 Daejin Lee

     Third-quarter 2022 Dry Bulk Utilisation Index is now available through the Freight Rate Forecast

113. Managing Dangerous Cargo Risk in the Era of Digitalisation

     01 September 2022 Yingzhi Zhang

     The safety of ships carrying dangerous goods has always been a concern for the shipping community. To improve the security and safety of such...

114. Semiconductors and Chips: The 21st Century Arms Race

     01 September 2022 Byron McKinney

     With the current technology in mind and its pace of change, there is a race to manage the semiconductor manufacturing process as it moves towards...

115. Maritime and Trade Talk - The Impact of Russia’s Invasion of Ukraine: A Trade Finance Compliance Perspective - August Update

     11 August 2022 Ravi Amin

     As the Russian war effort directed against Ukraine continues, the latest round of economic and diplomatic sanctions forces financial institutions...

116. Maritime and Trade Talk - The Container Port Performance Index 2021

     14 July 2022 Turloch Mooney

     Joint members of the World Bank Group and S&P Global Market Intelligence team who had created the index discuss the...

117. Palm Oil Protectionism – Cooking up a storm

     21 June 2022 Benjamin Ng Andrew Luxton

     The global palm oil market was dealt a blow recently following the announcement that the world’s largest exporter Indonesia would ban exports...

118. The Ukrainian supply chain issue will remain the main upside risk to food inflation in the coming months even with significant increase in shipments from Danube ports

     20 June 2022 Daejin Lee

     The Ukrainian supply chain issue will remain the main upside risk to food inflation in the coming months even with significant increase in shipments...

119. Optimizing Supply Chains by Streamlining Port State Control

     17 June 2022

     Find out how our industry-leading data management capabilities are empowering vessels, shipowners, charterers and others to reduce port call...

120. Russia’s invasion of Ukraine puts additional strain on global food production chain

     16 June 2022 Philipp Ludwig

     The conflicts in Ukraine have affected food prices directly via supply disruptions and indirectly via surging fertilizer prices.

121. Maritime and Trade Talk - Game On

     16 June 2022 Ines Nastali

     With concrete action awaiting to lay out the path to decarbonize maritime emissions, Patrick Verhoeven, managing director of the IAPH, and Jutta...

122. Tanker Demand to Grow 3.5% - 5.6% as Europe Avoids Russian Oil - Asia Imports More

     13 June 2022 Rahul Kapoor Fotios Katsoulas

     . Assuming the Continent will fully avoid Russian seaborne flows at some point, this would affect average monthly flows of 55 million barrels...

123. Containerized Trade Outlook by GTAS Forecasting – June 2022

     13 June 2022 Katarzyna Skrzypek

     Strong recovery in container trade during the year 2021; annual growth amounting to 7.9%

124. Measuring Up: Unlocking the Data to Power Maritime Sustainability

     07 June 2022 Kristy Asseily James Kwan

     For the maritime and shipping industry, sustainability is not just a buzzword or talking point. It is now a necessity.

125. Shipping market outlook - Container vs Dry bulk: Q2 2022 update

     03 June 2022 Daejin Lee

     Shipping market outlook - Container vs Dry bulk : Q2 2022 update

126. Russian gas imports in the EU – threat or a chance?

     03 June 2022 Agnieszka Maciejewska

     In the end of April, Gazprom – a Russian gas company – stopped supplying Poland and Bulgaria as a consequence of its refusal to pay for gas in...

127. Maritime and Trade Talk - The Impact of Russia’s Invasion of Ukraine: A Trade Finance Compliance Perspective

     24 May 2022 Ravi Amin

     In response to Russia’s invasion of Ukraine, governments and regulators have enforced stringent sanctions in key strategic industries. Countries...

128. Capesize rates finally breached $30,000/day mark and Capesize rates became higher than Panamax rates for the first time in 2022

     11 May 2022 Daejin Lee

     Capesize rates finally breached $30,000/day mark and Capesize rates became higher than Panamax rates for the first time in 2022.

129. Insight Congestion in Shanghai (CJK) - Freight Signal Monitor

     27 April 2022 Daejin Lee

     Maritime Congestion in Shanghai

130. Maritime and Trade Talk - Stirring the Melting Pot

     22 April 2022 Ines Nastali

     Discussions around the cause for the congestion issue the maritime industry faces are heating up fast. Digitalization and collaboration among...

131. Maritime and Trade Talk - Forging an Alliance

     30 March 2022 Ines Nastali

     Patrick Verhoeven, IAPH managing director, and Martin Humphreys of the World Bank discuss working together to advance digitalization and decarbonization...

132. Containerized Trade Outlook by GTAS Forecasting – March 2022

     30 March 2022 Katarzyna Skrzypek

     The containerized trade volume decreased by 3.0% in the first quarter of 2020 and by 8.7% y/y in the second quarter of 2020 due to the most severe...

133. Expanded global export controls enforced on Russia, following its invasion of Ukraine

     14 March 2022 Ravi Amin

     The European Union, the United States and the United Kingdom as well as others, are aligning to impose stringent export controls on Russia following...

134. Implications of economic sanctions for Russian international trade

     08 March 2022

     The Russia-Ukraine war has led to economic sanctions being imposed by global players and is likely to impact international trade of Russia significantly....

135. Ukraine agriculture exports – what is at stake in the light of invasion?

     07 March 2022 Katarzyna Skrzypek Agnieszka Maciejewska

     Ukraine is one of the main world exporters of grains as well as vegetable oils. Main agriculture export products are Corn and Wheat. In 2021...

136. Sanctions advisories for the maritime industry

     25 February 2022 Byron McKinney

     Practical challenges and recommendations for financial institutions regarding the monitoring of AIS outages and suspicious vessel activity

137. IHS Markit and TradeSun partner to leverage data and AI to combat crime in trade

     24 February 2022

     S&P Global and TradeSun have announced a strategic partnership to offer an all-in-one integrated trade solution that enhances financial crime...

138. Maritime and Trade Talk - The basics of AIS (Automatic Identification of System)

     23 February 2022

     What is AIS, what it’s designed to do, how does it work? This content will assist users new to AIS to make informed decisions on the consumption...

139. Time Matters – Perishable Goods Supply Chain

     17 February 2022 Yingzhi Zhang

     Global supply chains made headlines throughout 2021, with delays and inflated freight rate under the spotlight, impacting many sectors. The perishable...

140. China Suspends Imports of Pork from Italy: The Landscape and Potential Impacts

     16 February 2022 Russell Patterson

     Supply chain disruptions caused by viruses are not limited to coronavirus in 2022. On January 26th, 2022, the China Ministry of Agriculture...

141. Has pharmaceutical goods trade changed due to COVID-19?

     15 February 2022

     Key observations: • During COVID-19 pandemics trade in pharmaceutical products significantly increased despite a considerable drop in international...

142. FRF - Dry bulk market: Quantifying story into freight signals

     11 February 2022 Daejin Lee

     Quantifying story into freight signals

143. Mainland Chinese key dry bulk commodities fundamental demand is projected to stable in 2022

     28 January 2022

     Mainland Chinese key dry bulk commodities fundamental demand is projected to stable in 2022

144. The U.S. Office of Foreign Assets Control (OFAC) fine Hong Kong trade financing firm $5.2m for Iran export compliance failures

     19 January 2022 Byron McKinney

     The Hong Kong subsidiary of Japanese firm, Sojitz, has been fined $5.2m by the U.S. Office of Foreign Assets Control (OFAC) in January 2022 for...

145. Global Trade Outlook 2022. High global trade volume growth in 2021 and significant moderation in 2022. Supply chains disruption is likely to continue in the first half of 2022

     12 January 2022 Tomasz Brodzicki, Ph.D.

     Global Trade Outlook 2022. High global trade volume growth in 2021 and significant moderation in 2022. Supply chains disruption is likely to...

146. Moderation is ongoing with significant concerns over Omicron in an increasing number of regions (Monthly Global Trade Monitor – December 2021)

     06 January 2022 Tomasz Brodzicki, Ph.D.

     Moderation is ongoing with significant concerns over Omicron in an increasing number of regions (Monthly Global Trade Monitor – December 2021)...

147. Revealing the risks: Inside shipping and containers

     24 December 2021 Turloch Mooney George Devereese

     Tracking what happens at sea is a major challenge, however, innovations in data and technology are now allowing insurers and businesses to track...

148. Recovery in trade is ongoing but with moderated growth rates, the spread of the Omicron variant could be an adverse game changer

     01 December 2021 Tomasz Brodzicki, Ph.D.

     The growth rates in exports reported by the top 10 reached the peak in Q2 and then moderated to lower levels in Q3 in line with our prior expectations...

149. Shipping market outlook 2022 Container vs Dry bulk

     30 November 2021 Daejin Lee

     The dry bulk and container market balance is expected to remain stable in the 2022, while freight rates may face correction when vaccines reduce...

150. Escalating Crisis on the EU-Belarus Border - What is its implication to Trade Relations?

     16 November 2021 Tomasz Brodzicki, Ph.D.

     • As the crisis on the border between Poland, Latvia, and Lithuania with Belarus escalates, the EU considers it a hybrid attack

151. Run the Tide - Containership Ordering and Trade Momentum

     11 November 2021 Yingzhi Zhang

     Container shipping has never been as much under spotlight as this year. Freight had been keeping flat for several years. One debating question...

152. Dry bulk shipping rates might remain low in 2022

     10 November 2021 Daejin Lee

     After peaking in early October 2021, dry bulk freight rates are estimated to remain low in 2022 due to reduced congestion and lower commodity...

153. Monthly Report: West African October Crude Exports Down 10% On Month as Nigerian Output Falters

     09 November 2021 Yen Ling Song Mark F. Esposito Fotios Katsoulas

     West Africa’s total seaborne crude oil exports fell below 3.5 million b/d in October, down from 3.84 million b/d in September. The continent’s...

154. Will Robots Reshuffle World Trade Directions?

     08 November 2021

     Recently, due to the exponential progress in the robotization of the economies, the discussions on the pros and cons of technological progress...

155. The role of East and Southeast Asia in the Global Value Chain in Electronics

     02 November 2021 Tomasz Brodzicki, Ph.D.

     The electronics industry is today one of the largest and key global industries. Contemporary society uses a vast array of electronic devices...

156. U.S. Bureau of Industry and Security fine Vorago Technologies Inc. for U.S. Export Control Violations

     01 November 2021 Ravi Amin

     The U.S. Bureau of Industry and Security (BIS) has administered a fine of $497,000 to Vorago Technologies Inc., in regard to apparent violations...

157. Monthly Global Trade Monitor – October 2021

     01 November 2021 Tomasz Brodzicki, Ph.D.

     A sustained recovery in global trade with more moderate prospects for global trade in Q4 and Q1 2022 with some unresolved challenges

158. EU Russian Sanctions List and Belarus Restrictive Goods List

     28 October 2021 Byron McKinney

     The European Union (EU) Russian Sanctions List and Belarus Restrictive Goods List have been added to further enhance the products risk and compliance...

159. Trade Finance: OFSI fines U.K. based fintech payments company for Russian sanctions violation

     28 October 2021 Ravi Amin

     The U.K.’s Office of Financial Sanctions Implementation (OFSI) has enforced a fine of £50,000 to TransferGo Limited, a fintech payments company...

160. Australian agribulk exports in 4Q21 forecast 42% higher year-on-year on bumper harvest

     21 October 2021 Pranay Shukla, MICS, F.NMIS

     Australian agribulk exports in 4Q21 forecast 42% higher y/y on bumper harvest

161. Mainland China coal imports in 4Q21 forecast 73% higher year-on-year on strong demand

     20 October 2021 Pranay Shukla, MICS, F.NMIS

     Mainland China coal imports in 4Q21 forecast 73% higher y/y on strong demand

162. Monthly Report: More tankers waiting off China as October crude oil arrivals accelerate

     19 October 2021 Yen Ling Song Mark F. Esposito Fotios Katsoulas

     Monthly Report: More tankers waiting off China as October crude oil arrivals accelerate

163. 2021-Q3 release of GTAS Forecasting model - Strong recovery followed by moderation

     15 October 2021 Tomasz Brodzicki

     Strong recovery followed by moderation

164. GTAS Forecasting’s Airborne trade outlook – the latest release 2021-Q3

     14 October 2021

     GTAS Forecasting’s Airborne trade outlook – the latest release 2021-Q3

165. What’s the deal with Sausages?

     09 October 2021 Alice Gladen

     As we hit the 10-month mark since BREXIT, uncertainty over trade continues. The Northern Ireland Protocol creates a trade border between Great...

166. Quarterly shipbuilding update Q3 2021: Chinese shipyards benefit from boxship renaissance

     08 October 2021 Robert Willmington

     According to the latest S&P Global Maritime & Trade newbuilding data, Chinese shipbuilders picked up the lion’s share of shipbuilding contracts...

167. Capesize regional tightness signals stronger freight rates in the short term but likely to peak soon

     04 October 2021 Daejin Lee

     Capesize regional tightness signals stronger freight rates in the short term but likely to peak soon.

168. With the peak of the recovery in Q2 2021, global trade is likely to grow more moderately in Q3 & Q4

     01 October 2021 Tomasz Brodzicki

     Global trade is likely to grow more moderately in Q3 & Q4

169. IHS Markit and eMPX partnership

     22 September 2021 Guy Sear

     S&P Global and eMPX, a maritime high-technology company, are proud to announce a collaboration that will deliver customers in the maritime pilot...

170. Trade Finance: OFAC fines another non-U.S. bank for violation of Iranian and Syrian sanctions

     20 September 2021 Ravi Amin

     The Office of Foreign Assets Control (OFAC) has enforced a fine of approximately $860,000 to First Bank SA, of Romania, and it’s U.S. parent...

171. India’s August gasoil exports rebound on tepid domestic demand

     07 September 2021 Fotios Katsoulas

     India's exports of oil products in August totaled 4.53 million mt, largely stable from July volumes, although outflows of gasoil and diesel surged...

172. Monthly Report: OPEC+ August crude exports hit a seven-month low

     02 September 2021 Fotios Katsoulas

     OPEC seaborne crude oil exports dropped to 26.24 million b/d in August, from 27 million b/d in July. This is the first month total volumes fell...

173. Recovery in global trade clearly sustained and broad with more moderate forecasts for Q3 & Q4 (Monthly Global Trade Monitor – AUGUST 2021)

     01 September 2021 Tomasz Brodzicki, Ph.D.

     Recovery in global trade clearly sustained and broad with more moderate forecasts for Q3 & Q4 (Monthly Global Trade Monitor – AUGUST 2021)

174. Lost in TV – Sport Season on Screen

     23 August 2021 Yingzhi Zhang

     Postponed by a year, the long-waited Olympic Games finally opened up this summer, though in midst of ongoing pandemic and restriction measures...

175. Capesize market will overall remain strong in the coming months despite China’s steel production curb

     20 August 2021

     The coal market will be an influential factor in the coming months for the Capesize market. Capesize vessels have gained a larger share of the...

176. Speed, key to reduce carbon emission and indicators for freight demand

     18 August 2021 Daejin Lee

     According to Bulkers at Sea Fleet metrics, the speed of all size classes (VLOC to Handysize) in the past four years by quarter (different market...

177. Monthly Report: Japan’s Crude Imports Soar to 2.9MMbpd in August

     18 August 2021 Fotios Katsoulas

     Japan's crude oil imports are recovering impressively in August and are on track to hit 2.9 million b/d, up from 2.04 million b/d in July and...

178. Recovery in global trade robust and sustained with limited concerns over the escalating fourth wave (Monthly Global Trade Monitor – July 2021)

     06 August 2021 Tomasz Brodzicki, Ph.D.

     According to official trade statistics published in S&P Global Global Trade Atlas (GTA), the market-leading bilateral trade research tool, in...

179. Business case - Jet Fuel Trade in EU-27 and COVID-19 Pandemic

     06 August 2021 Tomasz Brodzicki, Ph.D.

     COVID-19 pandemic had a significant impact on prices of jet fuel globally and in Europe. After an initial shock, the observed mean unit prices...

180. Dry bulk market briefing summary: Vaccine, a double-edged sword

     05 August 2021 Daejin Lee

     We expect dry bulk market demand and supply balance will be stable in the coming years. However, our data-driven forecasting models predict freight...

181. The pursuit of clarity in commodity coding in the age of innovation

     05 August 2021 Russell Patterson

     On January 1st 2022, the World Customs Organization (WCO) will once again institute a new revision to the Harmonized Schedule; certain commodity...

182. Dizzying lumber trade volatility creates alternating winners and losers out of supply chain stakeholders

     05 August 2021 Brian Cozzens

     While many industries and commodities took a severe downturn due to COVID-19, there were some that outperformed their historical norms. Lumber...

183. Shifting supply chains to mitigate acute port congestion: A sustainable solution?

     04 August 2021 Mike Wiman

     Between the Suez, U.S. West Coast, Yantian, and even blockages of Australian coal into China, the disruptions have been attributed to diverse...

184. Russian crude exports declined in first half of July, after surpassing 3 MMbpd in June

     14 July 2021 Fotios Katsoulas

     Russia's crude oil exports to China reached 680,000 b/d in June, the highest since January, compared to just 462,000 b/d in May 2021.

185. On flying geese and technological convergence - the evolution of export specialization in the East Asia Region

     14 July 2021 Tomasz Brodzicki, Ph.D.

     The East Asia region has developed a solid and competitive global position in a number of regional value chains, including for instance electronics....

186. Indonesian 3Q21 coal exports could surge to 109mt amid strong Far East demand

     13 July 2021 Pranay Shukla, MICS, F.NMIS

     Indonesian coal shipments during June 2021, to Mainland China, which accounts for 53 percent of total Indonesian coal export, stood at 18.6mt...

187. Black Sea 3Q21 agribulk exports forecast 7% higher on Russian wheat

     13 July 2021 Pranay Shukla, MICS, F.NMIS

     Total agribulk shipments from the Black Sea region during June 2021 stood at 5.5mt (up 45 percent y/y) with wheat, corn, and barley at 2.8mt...

188. BankT&D Consulting and IHS Markit Maritime & Trade Partnership

     09 July 2021 Guy Sear Byron McKinney

     S&P Global and Bank T&D Consulting have announced a partnership to offer Banks a comprehensive automated solution for managing Trade Based Money...

189. Recovery in global trade becomes broader and more sustainable (Global Trade Monitor – June 2021)

     01 July 2021 Tomasz Brodzicki, Ph.D.

     We foresee a global recovery in 2021, with year-on-year real GDP growth rates predicted to reach 6.0%. The growth rates are predicted to vary...

190. Sailing Stormy Waters: Mega Containerships

     29 June 2021 Yingzhi Zhang

     The recent incident to "mega" container vessel, Ever Given in the Suez Canal highlighted the impact one break in the supply chain can mean to...

191. Supply Chain Visibility Through Maritime & Trade Solutions: Anatomy of a Rare Corn Cargo Shipment

     23 June 2021 Mike Wiman

     A recent newsworthy U.S. import shipment provides a unique opportunity to visualize the end-to-end supply chain through the lens of multiple...

192. New Complidata and IHS Markit partnership for the trade finance market

     22 June 2021 Guy Sear Byron McKinney

     S&P Global a world leader in critical information, analytics and solutions, and Complidata, a data driven AML innovation company, have announced...

193. Capesize regional SD balance signaled a strong rebound of freight rates in the coming weeks

     11 June 2021 Daejin Lee

     Our weekly forecast models supported our view that although Capesize freight rates have declined over the past few weeks with the correction...

194. New IHS Markit Maritime & Trade channel partnership with Khalid Associates Global (KAG) for the Pakistan territory

     09 June 2021

     S&P Global has awarded a channel distribution license to Khalid Associates Global (KAG) for the Pakistan territory. KAG will market S&P Global...

195. New release of GTA Forecasting global trade forecasts - May 2021

     02 June 2021 Tomasz Brodzicki, Ph.D.

     The new release of the GTA Forecasting model from May 2021 accommodates the most recent macroeconomic forecasts, all available by-now historical...

196. China Cotton Imports Analysis

     12 May 2021 Brian Cozzens

     Taking a high-level view for the past five years for cotton imported into mainland China, we see values peak with 2018 imports at nearly $10...

197. International Trade Data: Statistical Confidentiality Variations and Mitigation Alternatives

     10 May 2021 Russell Patterson

     Governments and companies alike depend on international trade data for reliable statistics to track the ever-shifting marketplaces for traded...

198. New Global Container Port Performance Index (CPPI) Launched by the World Bank and IHS Markit

     07 May 2021 Turloch Mooney Rahul Kapoor

     East Asian container ports are the most efficient in the world and dominate the Top 50 spots of the new global Container Port Performance Index...

199. China, Japan and U.S. Export Control Regulations for Dual-Use and Military Goods

     05 May 2021 Ravi Amin

     Trade finance professionals recognize the importance of the role they play in enforcing international regulations pertaining to export compliance....

200. Festival, Favour and Freight: Global Rose Trade

     05 May 2021 Yingzhi Zhang

     The international rose trade market amounted to USD 8.63 billion in 2019, the number dropped to 4.58 billion in 2020 - largely due to transport...

201. Monthly Global Trade Monitor - April 2021

     30 April 2021 Tomasz Brodzicki, Ph.D.

     We foresee a global recovery in 2021 with year-on-year real GDP growth rates predicted to reach 5.3% (4.3% in 2022) - adjusted upwards for 2021...

202. Monthly Report: OPEC Seaborne Crude Exports in April Up 2.6%, Driven by Saudi Arabian Loadings

     29 April 2021 Fotios Katsoulas

     Seaborne crude oil shipments by OPEC producers so far in April have averaged 18.95 million b/d, an increase of 2.6% from March, as the group...

203. Global Air Cargo in the COVID-19 era - Impact on EU's External Trade

     29 April 2021 Tomasz Brodzicki, Ph.D.

     Air cargo in 2020 was affected more than global trade volumes - CTKs fell by 10.6% year-on-year with global trade volume falling by 5.3%.

204. Oil Tanker Seized by U.S. Authorities for Illegal North Korean Trade

     27 April 2021 Byron McKinney

     The U.S. government has seized an oil tanker for involvement in ship-to-ship (STS) cargo transfers with a sanctioned vessel and other sanctions...

205. India’s crude imports hold steady as coronavirus cases surge

     23 April 2021 Fotios Katsoulas

     Total crude oil discharged so far in April has averaged 4.87 million b/d, according to preliminary data from S&P Global Commodities at Sea. This...

206. USMCA - an enhanced framework for trade within North America

     20 April 2021 Tomasz Brodzicki, Ph.D.

     The real GDP of USMCA in 2020 was equal to USD 24.2 trillion (30% of global GDP, it was equal to USD 12.5 trillion in 1994 when NAFTA was established...

207. Trade after BREXIT – How’s it going so far?

     07 April 2021 Alice Gladen

     From analysing UK HMRC customs data, we see significant drops in UK trade with the EU in January 2021. Exports are down almost 50% with imports...

208. Colombian 1Q21 supply tightens 29 pc with reduced supply to India and Mainland China

     05 April 2021 Pranay Shukla, MICS, F.NMIS

     Overall, during 1Q21, Colombian coal and coke shipments stood at 15.1mt (down 29 percent y/y). The significant decline was due to a halt in coal...

209. Suez Canal blockage significantly impacts commodity trade flows; next few days will be critical to refloat the vessel with high tide expected during the full moon period

     26 March 2021 Daejin Lee

     Congestion is expected to significantly worsen in coming days as it is unlikely that many vessels would detour, considering the expensive deviation...

210. Geared dry bulk freight rates hit a ten-year high thanks to backhaul demand with stronger container market but downside risk remains in Q2

     26 March 2021 Daejin Lee

     General cargo (breakbulk) vessels that have shared similar terminal and cargo with geared bulkers (Supramax and Handysize) have shifted to the...

211. New global trade forecast by IHS Markit GTA Forecasting

     25 March 2021 Tomasz Brodzicki, Ph.D.

     We predict a year-on-year increase in the real value of global trade of 6.5% in 2021 and 4.3% in 2022 (we priorly forecasted 7.6% in 2021 and...

212. Global Trade Monitor - March 2021

     18 March 2021 Tomasz Brodzicki, Ph.D.

     The most recent real GDP growth forecasts from S&P Global were published on 15 March. We predict global recovery in 2021 with year-on-year real...

213. United States Suppliers Find Fat New Opportunities in Asia for Skim Milk Powder

     18 March 2021 Russell Patterson

     A closer look at the Asia markets shows that the increase in demand for U.S. SMP is possibly a result of supplier diversification, as a weakening...

214. Alternative Transport Mode: China-EU Trade on Rail

     17 March 2021 Yingzhi Zhang

     While maritime is still the dominant mode and a more mature transport means, rail is an emerging alternative for some market segments and supports...

215. Shell Shipping & Maritime Selects Sea Cargo Charter Reporting Service from IHS Markit

     10 March 2021

     Shell Shipping & Maritime has selected the S&P Global Sea Cargo Charter Managed Reporting Service to provide independent calculations and streamline...

216. Build vs. Buy: Key Considerations When Embarking on Technology Transformation

     09 March 2021 James Kwan

     Build vs. Buy: Key Considerations When Embarking on Technology Transformation

217. Surging APAC exports create shipping container shortages and supply chain bottlenecks

     26 February 2021 Rajiv Biswas Rahul Kapoor

     S&P Global estimates that global trade volume contracted by an estimated -11.2% in 2020. A recovery is forecast in 2021 and 2022, with global...

218. Monthly Global Trade Monitor - February 2021

     22 February 2021 Tomasz Brodzicki, Ph.D.

     The adjusted manufacturing PMI new exports orders (PMI NExO) readouts for January 2021 are above the benchmark value of 50.0 points for global...

219. 7 ways cloud-based data management will transform the maritime industry

     08 February 2021

     After a tumultuous year, cloud-based data management offers many benefits for the maritime industry.

220. Global Trade Outlook for 2021

     03 February 2021 Tomasz Brodzicki, Ph.D.

     We predict a year-on-year increase in the real value of global trade of 7.6% in 2021 and 5.2% in 2022. This accommodates the forecasted recovery...

221. An introduction to AIS within the realm of Risk & Compliance

     20 January 2021 Jeremy Domballe

     AIS is one of the easiest and relatively cheapest means by which you can track vessels internationally, and due to the identity information passed...

222. RCEP - the game-changer in the post-COVID-19 global economy?

     19 January 2021 Tomasz Brodzicki, Ph.D.

     The Regional Comprehensive Economic Partnership (RCEP) Agreement was signed on 15 November 2020 after a long negotiation period started back...

223. Charting COVID Pandemic Effects on U.S Mexico Trade December 2020

     19 January 2021 Mike Wiman

     Mexico carries a trade surplus with the US, exporting more than it imports from its neighbor. For the first 47 weeks of the year, Mexico increased...

224. Congestion related to cold weather and coal shortage in China supported counter–seasonal strength in freight rates

     18 January 2021 Daejin Lee

     As of 14 January 2021, around 36.2 million deadweight tons of dry bulk fleet are sitting off the coast of North China, including 11.8 million...

225. Monthly Global Trade Monitor - January 2021

     11 January 2021 Tomasz Brodzicki, Ph.D.

     In terms of volumes, we expect global trade in 2020 to contract to 12.7 billion metric tons and to grow to 13.65 billion metric tons in 2021...

226. 2020 in Review – How did the Maritime Industry respond to COVID-19?

     11 January 2021 Alice Gladen

     Forward planning with COVID-19 has proved difficult, with new waves, restrictions and long-term effects proving hard to predict. The Global Trade...

227. Dredging industry builds smaller vessels

     08 January 2021 Ines Nastali

     The COVID-19 pandemic presents challenges also to the dredging and marine civil engineering industry, with uncertainty over new contracts for...

228. Monthly Trade Monitor for the top 10 Economies of the World - December 2020

     11 December 2020 Tomasz Brodzicki, Ph.D.

     We now expect global trade in 2020 to go down to 12.7 billion metric tons and to increase to 13.65 billion metric tons in 2021 and 14.2 billion...

229. World’s largest maritime ships database joins fight against pirate fishing

     09 December 2020 Guy Sear

     S&P Global’s extensive Sea-web database now highlights vessels with ties to illegal, unreported and unregulated fishing. This advancement was...

230. Monthly Trade Monitor for the Top 10 Economies of the World - November 2020

     20 November 2020 Tomasz Brodzicki, Ph.D.

     In October 2020 PMI new export orders' readouts for all the main economies of the world, apart from the US, are above 50.0 points which is indicative...

231. 5 steps towards successful digitalization in the maritime industry

     18 November 2020 James Kwan

     For those planning a new digitalization initiative, the following five steps will help build a strong data management foundation that supports...

232. Empirical analysis into the impact of COVID-19 on global trade relations

     12 November 2020 Tomasz Brodzicki, Ph.D.

     To empirically identify the impact of COVID-19 on the trade we have built an econometric model in the gravity tradition explaining the intensity...

233. As Illicit Shipping Becomes More Prevalent, How Banks Can Best Respond

     05 November 2020 Byron McKinney

     The maritime sanction compliance advisories published by the United Nations Security Council Panel of Experts for North Korea, the US Department...

234. Operating under the radar - The complexity behind unpicking sanctions evasions

     05 November 2020 Jeremy Domballe

     As regulators continue to clamp down within the sanctions space, it's becoming apparent how historically some players would try to circumvent...

235. Track the Path of Zhoushan Port to be a Green Petrochemical Hub with Maritime and Trade Data

     05 November 2020 Yingzhi Zhang

     Part of Zhejiang-Zhoushan Port Group, Zhoushan Port is emerging as a regional petrochemical hub, The blueprint sets out a target of building...

236. Charting the COVID Pandemic Effects on International Trade November 2020

     04 November 2020 Mike Wiman

     Mexico carries a trade surplus with the US, exporting more than it imports from its neighbour. For the first 39 weeks of the year, Mexico increased...

237. China's New Export Control Law

     03 November 2020 Ravi Amin

     The People's Republic of China, by order of the President, has confirmed a new Export Control Law for the purpose of safeguarding national interest...

238. Australian coal congestion in China has increased, following China’s unofficial ban on Australian coal imports

     03 November 2020 Daejin Lee

     According to Commodities at Sea, dry bulk vessels anchored nearby China waiting to discharge Australian coal has increased to 75 vessels in Week...

239. Insight into the global variation of mean export distance

     02 November 2020 Tomasz Brodzicki, Ph.D.

     Mean export distance increased by 9.5% over the period 2000-19 from 4,464 kilometers in 2000 to 4,886 kilometers in 2019. An average mean export...

240. A better Q3 and clear optimism in most markets with growing concerns and uncertainty over the second wave of COVID-19

     20 October 2020 Tomasz Brodzicki, Ph.D.

     China is the only top economy showing clear and consistent signs of recovery in Q2 and Q3 2020 - Chinese exports were higher by 0.3% in June...

241. Grain trade has supported Panamax freight rates but coal risk still remains

     19 October 2020 Daejin Lee

     Panamax average earning has been supported by a strong grain demand this year, despite the COVID-19 pandemic and limited coal trade. Chinese...

242. E-Commerce Facilitation Measures Stimulating Cosmetics Trade

     14 October 2020 Yingzhi Zhang

     E-Commerce has experienced rapid growth in recent years. Cosmetics is among the fastest growing consumer products.

243. Amid Global Volatility, Marine Insurers Are Prioritizing Data Management

     09 October 2020 Jamie Penniman

     The COVID-19 pandemic and explosion in Beirut have underscored the need for marine insurers to develop better ways to understand their risk exposure...

244. Atlantic Capesize freight rates spiked again with a limited number of ballasters to the west

     06 October 2020 Daejin Lee

     At the start of October, Capesize (180,000 dwt) timecharter rates increased to about USD30,000/day from USD15,000/day from just two weeks ago....

245. Charting the COVID Pandemic Effects on International Trade: October 2020

     01 October 2020 Mike Wiman

     For the first 34 weeks of the year, Mexico increased import MTONs from the US by 1.2% year-on-year 2019 to 2020 but decreased import value by...

246. African Swine Fever Implications for Pork Trade

     30 September 2020 Alice Gladen

     China's importance as a trade partner for German pork was clear in 2019 when the volume of German exports to China increased by 81% compared...

247. New IHS Markit global trade forecasts the most challenging year on record

     25 September 2020 Tomasz Brodzicki, Ph.D.

     According to the new release of the S&P Global GTA Forecasting model global merchandise trade is likely to go down in 2020 to USD 16,672 billion...

248. Changes in trade routes and consumption for jet fuel

     22 September 2020 Fotios Katsoulas

     The UAE, Saudi Arabia and India have dominated jet fuel flows to Europe, accounting for almost half of the volumes shipped to Europe. The seasonality...

249. Another headache for OPEC

     16 September 2020 Fotios Katsoulas

     OPEC has revised down its forecast for global oil demand by another 400,000 b/d this year. The cartel now expects consumption to decline by 9.5...

250. Total United States grain exports to China lower year-on-year, but there is a silver lining

     15 September 2020 Dalibor Gogic

     Year-on-year, for the first eight months of this year total major grain exports to China including soybeans is lower by about 14%.

251. At last, some hope for VLCCs

     14 September 2020 Fotios Katsoulas

     Rates jumped to more than USD 24,000 per day on 11th September once first rumours started to spread around a potential second wave of interest...

252. Charting the COVID Pandemic Effects on International Trade: September 2020

     07 September 2020 Mike Wiman

     Mexico usually carries a trade surplus with the US, exporting more than it imports from its northern neighbor. For the first 30 weeks of the...

253. Top 10 economies: Q2 2020 the worst quarter on record in trade with first signs of a sustained but very gradual upturn

     07 September 2020 Tomasz Brodzicki, Ph.D.

     The trend in the PMI is clear and consistent within Q2 of 2020 showing a gradual improvement in market confidence from May onwards and continuing...

254. New grain seasonality signals higher rates in the short-term while risk remains in the fourth quarter

     07 September 2020 Daejin Lee

     Once the surge in pent-up demand is satisfied and the boost to apparent consumption from inventory restocking is complete, growth may fade, exposing...

255. The Wolfsberg Group – Developing an Effective AML/CTF Programme

     04 September 2020

     As of August 2020, Wolfsberg Group has released a statement encouraging authorities to adopt the FATF guidelines in accordance to mitigating...

256. US Department of State Advisory on DPRK Ballistic Missile Procurement

     03 September 2020 Byron McKinney

     A joint advisory document has been released by three US government departments regarding North Korea’s ballistic missile procurement activity....

257. Post-Brexit Tariff Change for British Imports from China

     03 September 2020 Yingzhi Zhang

     China is UK's third largest import trade partner in recent years holding steady at 9% market share. While trade talks around 'Brexit' mostly...

258. Maritime Compliance Guide 2020 shines light on scrubber, ballast-water management markets

     03 September 2020 Ines Nastali

     Fewer scrubbers and ballast water management systems (BWMS) will be installed in 2020 due to COVID-19, according to this year’s Maritime Compliance...

259. Brazil Exports 1.5 million b/d of Crude Oil so far in August

     24 August 2020 Fotios Katsoulas

     Brazilian Crude Oil Exports remain strong so far in August, with volumes only marginally down since last month. The country has been loading...

260. Update: The current situation in the port of Beirut, Lebanon

     18 August 2020 Jeremy Domballe

     With more than 60% of arrivals occuring within the port of Beirut, the port is a vital infrastructure supporting Lebanon economic activity.

261. Trade Outlook in the Chemicals Industry

     17 August 2020 Alice Gladen

     The value of trade in organic chemicals reached $846 Billion in 2019 however, this was down by around 10% from 2018 values. 2019 was a tumultuous...

262. The anatomy of the great trade collapse of 2020

     17 August 2020 Tomasz Brodzicki, Ph.D.

     The value of global exports in the first four months of 2020 reported by the analyzed states amounted to five billion US dollars. It represents...

263. Charting the COVID pandemic effects on international trade

     05 August 2020 Mike Wiman

     US-Mexico cross-border trade via Mexico customs bill of lading data.

264. COVID-19 impact on trade in the United States of America

     05 August 2020 Alice Gladen

     Using vessel port callings data combined with trade data to analyse the US response to COVID on a state level.

265. The worst quarter in trade on record, signs of a weak recovery in China and a positive trend in PMI new export orders readouts for all top economies

     05 August 2020 Tomasz Brodzicki, Ph.D.

     China mainland is the only top economy showing signs of recovery in Q2 2020 both in exports and imports

266. Can the sub-Panamax sector recover as strongly as Capesizes?

     04 August 2020 Daejin Lee

     The current dry bulk market is Capesize-driven market. We have seen C5TC has increased to more than USD 30,000 per day in early July 2020 from...

267. GTA Research Paper: Case Study of Commodity Trading for Financials

     24 July 2020 Jeremy Domballe

     A research addressing the use case and role of statistical trade data in commodity trading.

268. OPEC shipped 19.5 million barrels per day so far in July

     21 July 2020 Fotios Katsoulas

     OPEC together with other members of the Vienna Alliance decided that current production cuts of 9.7 million barrels per day (b/d) will remain...

269. IHS Markit maritime data uncovers the effects of US sanctions on Venezuela’s oil tanker activity

     16 July 2020 Byron McKinney

     In the C4ADS report, S&P Global’s role as the issuer of the IMO number for vessels and originating source for the IMO Unique Company and Registered...

270. Monthly trade monitor for the top 10 economies in the world - July 2020

     15 July 2020 Tomasz Brodzicki, Ph.D.

     The Western hemisphere countries (EU, the UK, the US, and Canada) seem at this stage to be more adversely affected than other economies, however...

271. Tracking trade in COVID-19 medical supplies

     07 July 2020 John Mathai

     International trade in crucial COVID related medical supplies touched $188 billion during 1Q20, registering a growth of 12% over the same period...

272. Charting COVID-19 Pandemic Effects on International Trade

     02 July 2020 Mike Wiman

     Mexico didn’t impose large-scale quarantines until the last week of March, and the containerized export volume declines (measured in 20-foot...

273. Maritime trade and its risks: EU's imports from Asia and the Middle East

     02 July 2020 Jeremy Domballe

     The EU imports from an average of 211 unique Non-EU Trade partners each year – representing a 22% increase in value of goods and 227 Billion...

274. Global exports in aerospace products and parts before and during the COVID-19 pandemics

     02 July 2020 Tomasz Brodzicki, Ph.D.

     In Q1 2020 the value of global exports of aerospace products and parts fell to USD 75,854 billion which represents a fall of 8.0% year-on-year...

275. Monthly trade monitor for the world's top 10 economies - June 2020

     19 June 2020 Tomasz Brodzicki, Ph.D.

     April 2020 brought about a massive collapse in the value of exports (year-on-year) with exports falling by 19.1% in Japan and by 25.1% in South...

276. Tracking Vessel Activity at Key Ports throughout COVID-19

     16 June 2020 Alice Gladen

     The impact on the shipping industry has been widespread, whether that is the complete freezing of the cruise ship industry, the implications...

277. Export hub status of Hong Kong endangered by the US-China trade war?

     10 June 2020 Tomasz Brodzicki, Ph.D. Katarzyna Skrzypek

     It is important to stress that China mainland is a significantly more important trade partner of Hong Kong SAR than the US.

278. Russian crude oil exports down while Libya could start recovering

     08 June 2020 Fotios Katsoulas

     Russian seaborne exports of crude oil marginally fell below four million b/d in May, with volumes coming down 15% month-on-month and 21% year-on-year....

279. Seafarer fatalities shows shipping must do more

     28 May 2020

     Behind every casualty and vessel total loss statistic are seafarers that have lost their lives, been injured, or suffer long-term physical or...

280. Trade in 2020 - the initial results and possible scenarios forward

     22 May 2020 Tomasz Brodzicki, Ph.D.

     World merchandise trade is expected to fall in real value by 13.6% in 2020 due to the COVID-19 pandemic.

281. China's strong appetite for Brazilian grades in late April

     19 May 2020 Fotios Katsoulas

     China’s appetite for Brazilian barrels has remained strong over the last couple of months, but most recent data by S&P Global Commodities at...

282. Iraq under pressure due to OPEC+ production cuts

     15 May 2020 Fotios Katsoulas

     Shipments from OPEC members are already significantly down in the first half of May compared to last month. Total volumes exported from the 13...

283. Impact of COVID-19 on EUs Cereal Supply Chain

     14 May 2020 Jeremy Domballe

     Grains and cereals have become an increasingly important commodity used in everyday life, from being grounded into flour for baking to simply...

284. Charting the COVID-19 Pandemic Effects on International Trade

     14 May 2020 Mike Wiman

     Looking at containerized trade by 20-foot equivalent units (TEUs), total Mexico exports to the US were relatively flat, declining just 0.9% the...

285. Trade in pharmaceuticals and medical goods in 2019 and COVID-19 implications for 2020

     08 May 2020 Katarzyna Skrzypek

     The situation and prospects for 2020

286. The impact of COVID-19 on the UK fishing industry

     04 May 2020 Alice Gladen

     As COVID-19 continues to have an impact and lockdown continues throughout the world, the UK fishing industry appears to be struggling. The Marine...

287. US Retail Sales vs Container Shipping - Exploring the Relationship

     30 April 2020 Jeremy Domballe

     S&P Global US Bill of Lading data is ingested daily, containing invaluable insights into market evolution. The tagging of containerised goods...

288. Regulatory onslaught on the horizon for the maritime industry

     30 April 2020 Guy Sear

     The shipping industry has been thrown into chaos by an unprecedented increase in sanctions.

289. China's Exports of Pharmaceuticals, Medical Equipment and Chemicals

     29 April 2020 Jeremy Domballe

     The US is the number one partner of pharmaceutical and medical equipment/chemical from China representing 18.07% of total Chinese exports.

290. Do you want to quickly track LR2 and LR1 switching between clean and dirty markets?

     28 April 2020 Fotios Katsoulas

     Most recent data by S&P Global Commodities at Sea suggests that utilisation rates for LR2 have improved, while those for LR1 have actually declined....

291. Latest UN Annual Report on DPRK Sanctions

     24 April 2020 Byron McKinney

     The release of the United Nations North Korea Panel of Experts report for March 2020 outlines the main areas of activity deployed by the Democratic...

292. The key causes of ship total losses

     23 April 2020

     The maritime industry has seen a decrease in total losses of ships over the past five years, attributed by many in the industry to increased...

293. Tankers experiencing high congestion in North Western Europe

     22 April 2020 Fotios Katsoulas

     Several tankers heading for destinations across Europe have been facing huge delays due to high congestion during the last couple of weeks, with...

294. Cruise vessels forecast and COVID-19 impact on the industry

     16 April 2020 Dalibor Gogic

     The majority of cruise operators have ceased operations amid the coronavirus outbreak, and our AIS data suggests that a large number of vessels...

295. COVID-19: China export contraction for the first two months of 2020

     14 April 2020 Tomasz Brodzicki, Ph.D.

     Chinese exports went down by USD 71,342 million to USD 281.4 billion. It represents a fall of 20.2% in comparison to 2019.

296. US truck shippers capitalizing on HOS relief

     09 April 2020 Bill Cassidy

     As truck drivers rush to deliver essential goods during the coronavirus disease 2019 (COVID-19) pandemic, US shippers are taking advantage of...

297. State of Maritime Safety report launched today

     08 April 2020

     State of Maritime Safety report launched today

298. US Supreme Court Safe Berth Clause

     02 April 2020

     On 31 March 2020 the US Supreme Court decided that the safe berth clause in charter parties establishes a warranty of safety, in what is being...

299. China container volumes seesaw on Western recession conditions

     30 March 2020 Peter Tirschwell

     A seesaw effect of cargo and empty container movement between Asia and North America is beginning to take shape as the extended China manufacturing...

300. Coronavirus leaves Europe exporters without empty containers

     27 March 2020 Greg Knowler

     Extensive blank sailings have left virtually no empty containers available at European ports, according to the latest data, and extreme measures...

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