Larger Carrier News

Australia will join three-way naval exercises involving the United States, Japan and India, in a move that could provoke concern from China, which has criticized similar joint drills in the past.Here are some of the most common questions on the Malabar exercise:What is the Malabar exercise?The Malabar naval exercise began in 1992 as a training event between the United States and India. Japan joined it in 2015, but Australia has not participated since 2007.The exercise was conducted…

Drewry Shipping Consultants has published its Annual Container Market Review & Forecast 2010/11. This report is a forecasting tool for both global and individual trade lane supply, demand and pricing analyses. The report says that 2010 has seen a strong improvement by the major container industry stakeholders. Now in its eleventh year, the Container Review is a yearly check-up on the health of this sector. Container volumes are a gauge of global economic well-being that can respond to market fluctuations with a degree of sensitivity. In a nutshell, the report says container trade is recovering well on the major routes, although some doubts remain about the short to mid-term.

The U.S. Ocean Marine insurance industry has been hard hit by the economic crisis at a time when its structure, traditions and culture are facing challenges, according to a new study by Conning Research and Consulting. "The Ocean Marine industry has deep foundations of tradition and specialization that give it unique status relative to other insurance segments. Over the past five years, the experienced specialist ocean marine writers have clearly outperformed the rest of the market," said Jerry Theodorou, analyst at Conning Research & Consulting. The Conning Research study, "Ocean Marine Insurance: Entering New Waters" analyzes the performance of the industry and presents the structural and cyclical challenges to the market.