Peter Sand
Bring yourself up to speed on the Global Shipping Industry, this Saturday morning (1 Aug) 9 am CET
This in an invitation to:
Get up to speed on the Global Shipping Industry on Saturday morning (1 Aug) 9am CET.
I will share BIMCOs market insights at this Institute of Chartered Shipbrokers (Middle East branch) Silver Jubilee Series Webinar. Sign up here:
https://lnkd.in/e4SfrJ7 BIMCO ICS Middle East
To the impact on shipping directly – volumes of world merchandise trade is spot on.
Macroeconomic teaser:
Lots of action in market – as Q2 GDP numbers are coming in.
Germany contracted by 11.7% in Q2-2020 when compared to Q1-2019
The US contracted by 9.5% in Q2-2020 when compared to Q1-2019
Economic activity, trade and international shipping are interlinked.
As you can see from the chart on US foreign trade below, which has affected shipping for instance on the trans pacific at large.
