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Hurricane Florence will impact shipping

Hurricane Florence is currently ravaging through the US east coast and will impact shipping routes in the region. One specific market will be struck particularly hard. Carriers are decreasing the speed of vessels.

Ritzau Scanpix/AP/Travis Long
Photo: Ritzau Scanpix/AP/Travis Long

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Torm CEO after large deficit: Market has already turned

The recovery of a miserable product tanker market is well underway, says Executive Director Jacob Meldgaard in an interview with ShippingWatch after the company delivered yet another significant deficit in the third quarter.

Here is the roadmap for the liner companies' new global initiative

In as little as six months, two or three shared standards for container liner companies should be ready. That is the goal for the new global association between the world's largest container carriers, says André Simha, spokesman for the association and CIO at MSC, to ShippingWatch.

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