The container shipping market continues to show weakness, especially on the spot market, as falling demand and easing congestion have improved shippers’ position. Spot rates on the major global trades have fallen to levels not seen since the spring/sum…
Xeneta: Spot Container Shipping Market in Dire Straits Read More »
Fast rising cost of living crisis to precipitate more labour disputes across developed markets as dock workers seek to make up for rampaging price inflation, heaping more disruption on congested ports. Strike action at major German and UK ports has cau…
Ports face more disruption from strike action as cost-of-living crisis bites Read More »
Ship owners’ “appetite” for more second hand vessels continued unabated during the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, we experienced another modest week in terms of transactions taking…
Ship Owners “Stock Up” on More Second Hand Vessels Read More »
“ We need all carbon-neutral options in the future fuel mix to meet existing and accelerated targets to decarbonize shipping. This creates a big challenge for deciding what fuel production, distribution and bunkering infrastructure to invest in, and wh…
Enhanced modelling of maritime’s future fuel mix Read More »
Parties to the treaties which regulate the dumping of wastes at sea have adopted an amendment to ensure that the dumping of sewage sludge at sea would be prohibited worldwide. The amendment to the London Protocol will remove sewage sludge from the list…
Dumping of sewage sludge at sea to be prohibited worldwide Read More »