Strike could close St Lawrence Seaway locks this weekend
Canadian management company says any shutdown will be painful in a busy part of the navigation season
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October 2023
China Retains Crude Oil Import “Crown”
China remains the biggest importer of crude oil in the world, marginally ahead of the E.U. In its latest weekly report, shipbroker Banchero Costa said that “China’s crude oil imports so far has been another positive period for crude oil trade, despite …
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Steel’s embedded emissions boost shipping’s GHG
Decarbonising shipping is about more than fuel. “The more we focus on fuels, the more non-fuel related greenhouse gas (GHG) emissions will become relevant,” believes Andreea Miu, head of Decarbonisation at the Sustainable Shipping Initiative (SSI). She…
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Rising threat of maritime cyberattacks
In a world driven by connectivity and digitalisation, the maritime industry is not immune to the growing threat of cyberattacks. A recent report by Thetius, law firm HFW, and maritime cybersecurity company CyberOwl reveals a sobering truth: the average…
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Rising capesize bulker market suggests China may restock iron ore inventory, analyst says
Tight supply may also be causing sector buoyancy, Baltic Exchange analysts note