Red Sea crisis fuels rise in carbon emissions as container ships take longer routes at higher speeds
But Carbon Intensity Indicator scores are safe for large boxships because longer distance helps
January 2024
Red Sea crisis fuels rise in carbon emissions as container ships take longer routes faster
But Carbon Intensity Indicator scores are safe for large boxships because longer distance helps
Tanker Market: Seasonal Dip Experienced in December
The tanker market has witnessed a seasonal dip during the month of December, OPEC said in its latest monthly report. Dirty spot freight rates experienced a seasonal dip in December despite increased uncertainties along key routes that added upward pres…
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Red Sea crisis diverts attention back to shipping
Suez Canal diversions will inflate container shipping costs for as long as the situation lasts, but trade always finds a way, even if it takes a bit longer than usual. Inevitably, public interest in the global supply chain increases whenever there is a…
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Repercussions of Red Sea hostilities
Escalating tensions in the Red Sea have far-reaching implications for global shipping and commodity markets. Risks posed to oil, LNG, metals, and agricultural markets include disruptions, longer shipping times, and increased costs. As the situation evo…
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