The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry.
Thousands of brokers are currently in active search for the best freight broker bond renewal deal on the market. The reason for the shopping spree is that renewed freight broker bonds are an indispensable requirement to stay compliant and licensed for the new season.
The product tanker market has enjoyed healthy returns in recent years on the back of structural changes taking place in trading patterns. However, impending fleet growth is expected to reduce the sector's earnings over the medium term, according to the Product Tanker Market Annual Report 2015 published by global shipping consultancy Drewry.
For the second straight year, Dubai-based Emirates reigned as the champions of scheduled international airfreight tonnage, with 2.29 million tonnes carried on the main decks of its freighters and in the belly holds of its vast passenger fleet, according to Air Cargo World's annual Top 50 Air Cargo Carriers.
Lloyd's Register is classing the world's largest-ever container ships – led by a recent contract to oversee the building of six ultra-large container ships of more than 20,000 TEUs.
United Launch Alliance LLC is a joint venture of Lockheed Martin and The Boeing Co. Brad Houser, senior manager of supply chain operations, explains the company's mission, and how it crafts a supply chain that's geared toward absolute reliability in support of rocket launch services for government and the private sector.