31 May 2023

Airfreight Rates Suffer from Decreased Demand and Increased Belly Capacity

The month of May brought further challenges for airfreight rates as a combination of weak demand and a steady influx of returning belly capacity continued to impact the industry. Experts anticipate that this pressure on rates will persist throughout the year. Bruce Chan, director and senior research analyst at investment bank Stifel, expressed concerns about […]

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05 May 2023

Exploring Seaweed’s Potential as an Affordable and Rapid Climate Change Solution

  Seaweed, with its vibrant hues of purples, golds, and greens, is garnering attention as a potential game-changer in the fight against climate change. Startups are touting its diverse benefits, including carbon absorption, mitigation of methane emissions from cattle, biofuel production, and global food security. Varieties like sugar kelp, sea lettuce, dulse, bladderwrack, and Irish […]

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04 May 2023

Container Shipping Market Outlook: BIMCO’s Analysis

  BIMCO has recently published its Shipping Market Overview & Outlook for Q2 2023, focusing on the supply and demand dynamics in the container shipping market. The report highlights the challenges faced by liner operators due to a weakened supply/demand balance. Regarding the demand side, BIMCO’s base case scenario suggests that global container volumes will […]

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03 May 2023

Mitigating Risks to Hull and Cargo: Strategies for a Secure Journey

  The transportation of hazardous and combustible goods through containers has been on the rise, posing an increasing risk to both container shipping and car carrier vessels. Additionally, the prevalence of Lithium-ion (Li-ion) batteries has added to the potential dangers. Larger vessels now handle these hazardous cargos, amplifying the consequences of fires and resulting in […]

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02 May 2023

The Revolutionary Impact of Technology on Project Management

  As the supply chain landscape undergoes rapid evolution, organizations must adopt technology-driven solutions to maintain a competitive edge and achieve optimal results in their future projects. Efficient project management plays a critical role in ensuring the success of supply chain operations, and businesses are increasingly leveraging various tools to streamline their project management processes […]

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01 May 2023

Analyst predicts potential bottleneck in battery supply chain by 2025.

  According to Mike Dean, an automotive equity research analyst at Bloomberg Intelligence, the supply of lithium batteries for electric vehicle (EV) production could face a bottleneck starting in 2025. The growing demand for EVs, fueled by consumer interest and government incentives, is expected to surpass the available capacity for battery production. Dean highlighted that […]

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