Could a SVB bailout result in growth for global logistics and shipbuilding challenges?
🚢 Could a SVB bailout result in growth for global logistics and shipbuilding challenges?
G Captain Founder and CEO Captain John Konrad is signaling the importance of changing how banks int he US operate when funding shipyards and naval security. China has the world's largest market for shipbuilding, with a high demand for both commercial and military ships. This provides a significant market opportunity for shipyards located in China. The Chinese government has been actively supporting the development of the shipbuilding industry in China, including through tax incentives, subsidies, and other policies. This support has helped to attract investment and encourage the growth of the industry.
The number of blank sailings in the global container shipping market has reached its lowest point since the pandemic began, indicating a path toward normalization, according to Sea-Intelligence.
According to complaints filed with the U.S. Federal Maritime Commission (FMC), all of the top ten ocean container carriers have been accused of price gouging and unfair practices by shippers over the past 18 months.
Shipping companies are increasing their rates to ship containers from Asia to the US as they attempt to offset a fall in rates ahead of the importing season.
G Captain Founder and CEO Captain John Konrad is signaling the importance of changing how banks int he US operate when funding shipyards and naval security.
Container lines have historically been able to withstand increases in vessel capacity, but a massive increase in capacity could potentially pose challenges for the industry.
A survey of large shippers over the past twelve months shows that 62% of companies are viewing cost-reduction strategies as a top priority next year.
Containers are no longer in hot demand, so retail orders, shipping containers, and ship sailings are being canceled left and right.
With a recorded 2022 revenue of over $22 billion, the ocean logistics company is reporting higher volumes as compared to last year.
Globally, container shipping is still skyrocketing in profits.
Hapag-Lloyd is shipping 18k TEU’s and decarbonizing the heavy transport with advanced biofuels such as FAME - a fatty acid methyl ester.
Shipping firms are recognizing that there’s money on the table, and they aren’t afraid to grab it.
Ocean carriers received a verbal berating at June 15th’s Agriculture Transportation Coalition (AGTC) Annual Meeting.
he cost of running and maintaining steamships for shipping cargo across the sea is getting more expensive, as well as the product being moved.
The shipping industry may struggle to secure enough carbon-neutral fuels to meet the 2030 maritime emission targets, according to DNV.