---
title: Ocean Shipping Update
description: Hear an update on the ocean market from Peter Tirschwell, VP of Maritime & Trade, IHS Markit.
---

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# [Ocean Shipping Update](https://blog.tranzact.com/expert-interviews-and-webinars/ocean-shipping-update)

 Written by [TranzAct Editor](https://blog.tranzact.com/expert-interviews-and-webinars/author/tranzact-editor) | Sep 12, 2022 2:47:00 PM

Hear from Peter Tirschwell, VP of Maritime & Trade, IHS Markit

There have been lots of changes and challenges in the ocean market in the past few years. To get a better understanding of what to expect ahead, we interviewed Peter Tirschwell, the VP of Maritime & Trade at the Journal of Commerce.

In this interview, Peter Tirschwell provides insights about:

• Why ocean shipping rates are declining  
• The relationship between capacity and rates in the ocean market  
• What to expect in terms of blank sailings  
• Coming changes in the ocean market

We hope you find these insights helpful and encourage you to share this with anyone else who could benefit.

 

[View full post](https://blog.tranzact.com/expert-interviews-and-webinars/ocean-shipping-update)

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