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Ship Fuel Prices Jump, Spread Widens

Ship Fuel Prices Jump, Spread Widens

Before COVID-19, shippers were most concerned about rising fuel prices related to the IMO regulations surrounding the global switch to low-sulfur marine fuel. However, as the pandemic struck the trade, the price of marine fuel collapsed. Shipowners and cargo shippers...
Updated Equipment Shortages at China Ports

Updated Equipment Shortages at China Ports

The Mallory Asia-Pacific Team is reporting that nearly all carriers are experiencing varying equipment shortages at major China ports due to a recent surge in cargo. Equipment supply conditions are improving, but are still tight. Below is a recap on the current...
China’s New Asia-Pacific Trade Pact

China’s New Asia-Pacific Trade Pact

Fifteen countries, including China, signed a major trade deal this week known as the Regional Comprehensive Economic Partnership (RCEP). What began as a harmonizing of agreements between members of the Association of Southeast Asian Nations, or Asean, has turned into...
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