Analysts are now predicting that the peak shipping period from Asia to the US will be mild. This prediction is in stark contrast to last year’s peak when available space on ships was tough to secure. Many shippers were forced to pay hefty rate premiums to move cargo during their preferred shipping windows. Conventional wisdom would suggest that the prediction of a mild peak…
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Global Retail Intelligence – July
July 15 – Spar International Plans to Enter KosovoWith the opening of three stores in Kosovo, three more by the end of 2019 and seven additional stores by 2020, Spar International confirmed that it will work alongside the newly established consortium of wholesale and resale partners in the country. From European Supermarket Magazine July 12 – David Jones…
CONTINUE READINGIMO 2020 Will Impact Multiple Stakeholders
The International Maritime Organization (IMO) has developed several mandates to reduce marine pollution. Effective January 1, 2020, container vessels will only be allowed to use fuel with a maximum sulfur content of 0.5%. The current regulation allows for fuel with a sulfur cap of 3.5%. The cost of this new mandate is going to impact multiple stakeholders in the shipping…
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