The total level of confidence in the shipping industry has hit a seven-year low in the three months leading up to May 2015, writes Moore Stephens in a new analysis.
The analyst agency notes that the general degree of confidence among players in the shipping industry in May fell to 5.3 points on a scale form 1 to 10, where 1 represents an absolute low. In February 2015, the confidence was at 5.5 points. This is the lowest level since 2008, where Moore Stephens launched its coverage of the carriers' confidence in each other and in the market.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Ikea, Amazon, Unilever commit to zero-emission ocean freight by 2040
Major companies such as Ikea, Amazon, Unilever and Michelin are committing to a full transition of their ocean transport to zero-emission fuels by 2040. Maersk CEO Søren Skou welcomes the announcement. NGOs are excited but remain critical.
Extreme container rates can push shippers into bankruptcy
Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.
DCSA: Customers' lack of focus delays digitization of container market
Container carriers' customers are currently so fixated on capacity shortages that they have less time to enter projects aimed at creating common digital standards in the industry. "We'll have to wait for them to be ready again," DCSA CEO Thomas Bagge tells ShippingWatch.
87 vessels scrapped at Asian beaching yards in the third quarter
Carriers in the US, Europe and South Korea continue to scrap end-of-life ships at beaching yards in Southeast Asia. The third quarter proved the most fatal on record, according to NGO Shipbreaking Platform.
Containers piling up at Port of Felixstowe
Efficiency is dropping at UK container port Felixstowe while containers are piling up, according to Vesselsvalue. Some carriers are now opting to divert their vessels away from the port.
Commercial Operations - Stena Bulk 
Shipping & Logistics Coordinator – Seafood 
Operations Controller 
Legal Counsel for an international shipping company 
Operations Executive 
Senior Sales Director Naval - Terma 
Chief Business Officer for Cruise 
Coordinator / Marine Operator / Operations 
Re-posting: Do you want to help set the agenda for the maritime competencies of the future?