The International Chamber of Shipping (ICS), representing over 80% of world’s merchant fleet, has signed a Partnership Agreement with the International Renewable Energy Agency (IRENA) to support the decarbonisation of the shipping sector and its role i…
Shipping and renewable energy bodies join forces to advance global green fuel transition Read More »
Address Of The Secretary-General Kitack Lim At The Opening Of The Eighth Session Of The Sub-Committee On Ship Design And Construction (Sdc 8). (17 to 21 January 2022) Excellencies, distinguished delegates, observers, good morning, good afternoon, and g…
IMO Secretary General: Sub-Committee on Ship Design and Construction (SDC 8) Read More »
The dry bulk market had one of its best years in 2021 and the success story could repeat itself in 2022 as well. In its latest weekly report, shipbroker Allied said that “the dry bulk sector, undoubtedly, began the new year with a strong start. We are …
Dry Bulk Market Could Be in For Another “Hit” Year Read More »
The charter market for multipurpose vessels (MPVs), including both breakbulk and project cargo carriers, is expected to remain strong through 2022, supported by the continued prevalence of Covid-19 and the resultant global supply chain disruption. But …
Continued supply chain disruption to buoy multipurpose shipping Read More »
The big news for all of those following the container freight futures market is that cleared container freight futures will be listed on CME from 28 February 2022. This will enable companies, to hedge the extraordinarily volatile container freight rate…
FBX Index January: Looking forward Read More »