Brazil - Freight tax
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Tanker attacked from the air
Liberian flagged tanker was attacked from the air
Italy, La Spezia - Crew Issues
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Coronavirus (COVID-19) - WHO declares Europe epicenter of pandemic and nations close borders
The World Health Organsiation (WHO) declares Europe the new epicenter of the coronavirus (COVID-19) pandemic. Now many countries are closing borders to contain the spread of the disease.
Demand
We forecast that container volumes will grow 3-4% in both 2024 and 2025 and thus slightly faster than the global economy. We expect head-haul and regional trades to grow marginally faster than the total. As volumes during the first half of 2023 were relatively weaker than normal, we expect the 2024... Please follow the link to continue reading.
Macro environment
According to the International Monetary Fund’s (IMF) estimates, the global economy should grow 3.1% in 2024 and 3.2% in 2025, slightly higher than the 3.0% estimated for 2023. China is forecast to continue to suffer from its ongoing real estate sector crisis, seeing growth slow from 5.2% in 20... Please follow the link to continue reading.
Indian Ocean High Risk Area for piracy to be removed on 1 January
Announcement that the Indian Ocean High Risk Area for piracy will be removed on 1 January 2023
Latest military threat assessment for ships operating in West Indian Ocean, Gulf of Aden and southern Red Sea
The Combined Maritime Forces (CMF) issued the following statement to industry dated 12 June 2017. Recent attacks against merchant shipping in the Gulf of Aden and Bab-el-Mandeb have highlighted that there are still risks associated with transits through these waters. In addition to several attempts ... Please follow the link to continue reading.
Uruguay - Freight tax
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Michael Elwert
Capt. Michael P. Elwert has worked within the global shipping industry his entire working life and has over two decades of international management experience within the maritime industry. He gained his education with Maersk in Copenhagen and grew his global shipping acumen and exposure working from... Please follow the link to continue reading.
