Category: Splash Wrap
-
Splash Wrap: US incursion into Venezuela dominates coverage
Splash Wrap: US incursion into Venezuela dominates coverage The tanker market grappled with fresh uncertainty all week after the arrest of Venezuelan president Nicolás Maduro in a dramatic US military operation over the weekend, an event that has effectively frozen the country’s oil exports and reinforced Washington’s hardline approach to maritime enforcement. The Trump administration…
-
Splash Wrap: UNCTAD flags fragile growth as container trade rearranges and capacity soars
Splash Wrap: UNCTAD flags fragile growth as container trade rearranges and capacity soars Several significant trends and forecasts led Splash coverage this week, from substantial expansion of container handling capacity to warnings that the overall global shipping environment is entering a period of fragile growth marked by geopolitical uncertainty, rising environmental compliance costs, and challenges…
-
Splash Wrap: Boxship orders dominate as carriers face oversupply reality
Splash Wrap: Boxship orders dominate as carriers face oversupply reality The containership market led Splash coverage this week, with the orderbook climbing to record levels and analysts warning of a prolonged supply glut. The global orderbook now stands at 10.4m teu, or 31.7% of the existing fleet, the highest since 2010. Linerlytica cautioned that the…