As China grapples with the zero COVID policy and resulting lockdowns, the demand for containers declines amidst the busiest peak season shipping. The interesting trend from the month of August has been the 36% increase in the average container prices a…
South-east Asian ports record more action ahead of peak season Read More »
Shift Clean Energy (Shift) on Tuesday announced it has received type approval from both the Indian Register of Shipping (IRS) and Japanese Marine Standards (NK) for its energy storage system.Shift’s lithium-ion battery-based ESS are used for hybrid or …
Shift Clean Energy Announces Latest Type Approvals Read More »
India and China are predicted to take more Russian barrels after the EU ban kicks in — but few other major buyers have stepped forward
Russia faces ‘major oil cut after EU import ban’ Read More »
NVOCCs are caught in the middle of the Ocean Shipping Reform Act of 2022 requirements for reporting demurrage and detention; FMC needs to pump the brakes and allow the industry to catch upThe Ocean Shipping Reform Act of 2022, passed by Congress withou…
NVOCCs Caught in the Middle of Ocean Shipping Reform Act Read More »
Non-vessel operating common carriers are required to collect data on container availability, but are finding it hard to come by
New US shipping laws could be a cash suck for non-vessel operating carriers Read More »