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Trust in shipping is making a comeback! But what’s NYSHEX got to do with it?

Back in 1823, the shipping markets were characterized by “wild gambling”. To combat this, the Baltic Exchange was established as a private meeting room where admission was strictly limited to trustworthy merchants and shipowners. Their motto enshrined this principle as “our word, our bond"(1)

Grab a coffee and hear my 2019-2020 ocean contracting season projections

I’ve always enjoyed listening to economists’ forecasts about the future.  But, you know what the brightest minds say about forecasting:  “Prediction is very difficult, especially if it's about the future.” (Thanks Nils Bohr, Nobel laureate in Physics.)

Many voices drive long-lasting change.

At NYSHEX (New York Shipping Exchange), we’re all about getting the smartest minds in a room to solve container shipping industry challenges.  That’s why, in addition to our Board of Directors, we have a Member Council, composed of BCO shippers and NVOCCs, as well as an Emeritus Board. 

Joe Caruso of Stone Arch Commodities Shares His Knowledge on GAFTA in this Guest Blog

At NYSHEX, we’re passionate about learning as much as possible about the unique container shipping needs of our members.  The more we understand about what’s impacting their business and their shipping pain points, the better we can serve them.

Is There a Place for Cryptocurrencies in Shipping?

Everywhere you look, there are more and more emerging businesses and ideas around the applications for block chain in the supply chain. It can be difficult to discern which opportunities offer the potential to provide realizable benefits in the foreseeable future. I’m bullish about block chain technology but bearish about cryptocurrencies and the following paragraphs will outline my personal opinions regarding the role that block chain and cryptocurrencies will play in the near term.