News in international markets


Irish Forestry Industry Continue to Wait for Relief in Timber Felling License Crisis

Timber processors, forestland owners, contractors and forestry companies in Ireland have been struggling for the past two year to obtain felling (timber cutting and road access) licenses which has led to both supply and employment problems. This as the markets for sawn timber at home and in the UK are good because of shortages from traditional lumber suppliers.

Even with Increased Production Australian Sawmills Struggle to Keep Up with Soaring Demand

The Australian Forest Products Association (AFPA) continues to reassure builders and homeowners that they are doing everything possible to supply as much construction timber to meet soaring demand. AFPA CEO Ross Hampton said that the domestic timber industry supplies around 80% of the timber used in home construction and has ramped up production to keep up with the record demand.

Capesize Vessels Pressed into Service to Transport Logs and Save Shippers Money

Lumber traders in an attempt to keep their freight cost under control have started using Capesize vessels. Capesize vessels are the largest class of bulk ships and typically carry cargo such as iron ore, coal, and grain. The name Capesize comes from the fact that they are so large that they cannot pass through the Panama Canal and thus have to sail around the Cape of Good hope to sail between the Atlantic and Pacific Ocean.

China’s Ban on Imported Logs from Australia Creating Hardship on Australian Timber Industry

Diplomatic ties between Australia and its largest trading partner deteriorated last year after Canberra called for an international inquiry into the source of the coronavirus, angering China. Any hopes of a quick reconciliation have been dashed as Canberra and Beijing have now ensnared bureaucrats, who would usually stay engaged during a temporary disagreement.

New Support Program to Help with Modernization of German Timber Industry

The new support program for the modernization of the German timber industry, which is being administered by the German Ministry of Food and Agriculture (BMEL), went into effect on Thursday, March 4, 2021. According to the BMEL, one of new programs aims to promote investments in the value-preserving or value-enhancing use of damaged wood and in the promotion of the use of wood as a building material.