‘The parties to the transaction have come away satisfied that they have concluded the right deal for the right strategic reasons. That is simply good business’
Striking, then not striking, then striking and not striking again, ILWU members gear up to put labour dispute on hold … or not
The tanker market has experienced significant downward pressure so far in 2023, but this hasn’t affected ship prices as much. In its latest weekly report, shipbroker Xclusiv said that “one of the most discussed EU measures against Russia is the sanctio…
Tankers: Rates Fall, While Ships’ Prices Keep Their Cool Read More »
The shipping industry is facing a pressing challenge: the need to decarbonise and reduce its impact on climate change. As regulators push for stricter environmental standards, the use of biofuels in shipping has emerged as a promising solution. Biofuel…
Sustainable bio-path towards decarbonization Read More »
Transit times and productivity are back to normal at USWC ports, and with a new labour agreement finally in place between the PMA and ILWU, the ports are set for a normal peak season – all that’s missing are the volumes. But potential cargo diversion f…
Risk of rising congestion looms at San Pedro Bay ports Read More »