Crew Crisis After Covid 19

An increasing number of seafarers are quitting their jobs because of their working conditions during Covid 19. If we look a the global workforce shortage and high turnover, we see that; Motivating and retaining seafarers are an important challenge among seafarers. The difficult working conditions during the pandemic increased the importance of this issue. The…

What Awaits the Dry Bulk Market?

Despite the negative impacts of the pandemic on the shipping industry, the dry bulk market enjoyed a promising start to 2021. However, the expected quietening down in February might last longer than desired. The dry bulk market enjoyed an unseasonably robust start to 2021. According to Bimco’s chief analyst Peter Sand, the main reason for…

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,…