Introduction For the 2024 calendar year any shipping company having cargo or passenger ships of 5,000 gross tonnage (GT) or above calling a port located in the EEA (European Economic Area[1]) for commercial purposes must cover 40% of the total CO2 emis…
EU Emission Trading System – smooth sailing a half year into 2024? Read More »
With container market spot prices jumping on the back of a pre-tariff cargo surge, the compounding impact of slower sailing speeds, rising port congestion in Asia and persistent risks with transit through the Red Sea, container FFA prices have leapt ah…
FBX Index July 2024: Looking forward Read More »
Shipments of limestone on the Great Lakes increased in June while Lakes shipments of iron ore slid, according to recent data from industry trade group the Lake Carriers’ Association (LCA).LimestoneShipments of limestone on the Great Lakes totaled 3.3 m…
Great Lakes Limestone Trade Up, Iron Ore Trade Down in June Read More »
The United States will fall far short of the Biden administration’s 2030 offshore wind goal but will catch up quickly in the following years, according to an analysis by an industry group published on Tuesday.The American Clean Power Association…
US Offshore Wind Will Fall Short of Biden’s 2030 Goal, Analysis Says Read More »
An articulated tug and barge (ATB) hit a known underwater rock near Kodiak, Alaska, last year, leading to a grounding that caused $1.4 million in damages, the National Transportation Safety Board (NTSB) said Tuesday.The Brice Marine-owned and…
Chart Error Led to ATB Grounding in Alaska Read More »