Supply Chain Research

Conditions in the global shipbuilding industry – a bellwether for the logistics industry’s outlook – provided a regionally mixed picture in August. New orders received by Chinese shipyards were just half of new builds with the remaining orderbook for vessels falling to the lowest since December, indicating a potential lack of confidence in future demand growth. Export deliveries climbed 11% in the past three months though alongside a 9% rally in shipments from Japan. Data from South Korea provides the reverse picture though with a 78% slump in deliveries resulting a global decline in new...