African sawmill and plywood mills feel the effects of reduced Chinese demand

The slowdown in demand in China is becoming a serious problem for operators in the region with saw and ply [...]

Precious Woods to close sawmill in Gabon due to high costs

Unexpectedly high cost increases in Gabon have forced Precious Woods to take drastic measures to reduce costs in order to [...]

Global container freight rates falling sharply

For more than two years the only way for container shipping prices was up. That trend is now reversing as [...]

EU approves import ban law on products linked to deforestation

    The European Union agreed on Tuesday on a new law to prevent companies from selling into [...]

EU tropical wood imports slow with mounting signs of recession

    In the first nine months of this year the EU27 imported 1.53 million tonnes of [...]

Top 15 biggest lumber producing companies in the world

GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list [...]

Global demand for timber could grow fourfold by 2050

    The World Bank forecasts that global timber demand will quadruple by 2050, driven by economic and [...]

Wood industry at COP 27: Combining climate protection and business

    At the COP 27 UN Climate Change Conference in Sharm el-Sheikh, Egypt, Austria's timber [...]

Central Africa: Log export ban postponed indefinitely

    In Central Africa, the ban on the export of logs will no longer take effect from [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]