Tag: capacity
Blank sailing trends will persist due to oversupply and import demand uncertainty, affecting capacity and trade routes
This analytical piece provides an in-depth examination of current trends in blank sailings across major shipping routes, encompassing the Transpacific, Transatlantic, and Asia-North Europe & Mediterranean trades. Shipping firms cancel or exclude planned journeys for various reasons, including seasonal demand shifts, trade imbalances, port congestion, labor disputes, adverse weather, or unforeseen events like the COVID-19…
OCI Global to double its green methanol capacity in the United States
OCI Global (Euronext: OCI), the world’s largest producer of green methanol, has today announced plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high emissions industries, including road transport, shipping and industrial. The scale-up plans include entering into…
BIMCO Shipping Number of The Week – Record high ship deliveries boost container fleet capacity by 4.3%
In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at deliveries of new container ships reaching a new record high during the first seven months of the year. The increase in fleet capacity comes at a time when current trade growth in many key regions is declining and…
