Virtual Shipping Industry Events

Luckily, the pandemic can’t stop the shipping industry events to be held online. Here are the upcoming exhibitions and conferences for the next three months. SMM Digital (Feb 2-5, 2021) SMM (shipbuilding, machinery, marine technology) is the leading international trade fair for the maritime industry. It’s held every two years in Hamburg. Experts and representatives…

Ocean Freight Market: What’s Going On?

Strong cargo demand continues, equipment shortage worsening, and schedule reliability deteriorating in the ocean freight market. DHL Global Forwarding released its latest report on the ocean freight market. Three topics are highlighted in the report: Persistence in the cargo demand, worsening in the equipment shortage, and deterioration of the schedule reliability: According to the report,…

What Awaits Shipping Industry In 2021?

Following the most challenging year that the industry has ever seen, 2021 has arrived with many unknowns but also some positive signs to be hopeful. The pandemic had severe effects on many industries in 2020, including shipping. Global maritime trade is expected to have plunged by 4.1% in 2020, according to the United Nations Conference…

2021 Energy Expectations

Here are some forecasts about how the energy industry will look like next year. Global Oil Demand May Not Recover The International Energy Agency (IEA) has revised its prediction for the oil demand in 2021 to 5.8 million barrels per day. Even though this means 300,000 barrels per day increase in the agency’s previous prediction,…

Largest Oil Tankers Ever Built

Here are the largest oil tankers the world has ever seen. 5. Berge Emperor and Berge Empress Berge Emperor and her twin sister Berge Empress were supertankers built in 1975, in Japan, by Mitsui. Owned by Bergesen d.y. & Co., they were launched the same year. Berge Emperor served until 1986, while Berge Empress survived…