On a nation state level, governments can impose taxes on the sources of pollution at the point of production or sale, e.g. on petrol, with the aim that the taxes generated will cover the cost of dealing with the resulting pollution and incentivise redu…
Emission trading schemes and international shipping Read More »
The tanker market is bound to face another round of shifts in trade flows, with EU’s seaborne imports of Russian oil, effectively banned henceforth. The increased ton-mile demand though, could prove to be beneficial for many tanker owners. In its lates…
Tankers: Replacing Russian Crude Oil Could Prove a Tricky Proposition Read More »
As we are nearing the traditional peak season in container shipping, the key question is how supply, demand, freight rates and congestion will play out this year. The problem is that global economical and geopolitical forces have created an environment…
FBX Index: Balancing on the tip of a sword Read More »
The Posidonia International Shipping Exhibition will be held from June 6-10 at the Athens’ Metropolitan Exhibition Centre. 1,929 companies from 88 countries will exhibit their products and services during Posidonia next week. A total of 24 National Pav…
Posidonia Week Is Back At Full Steam Read More »
With Greece, the biggest single owner of tankers and Hormuz, one of the most important trade lanes for seaborne crude transportation, it’s easy to see why the recent seizure of two Greek-owned VLCCs, by the Iranian Revolutionary Guard, can start to hav…
Crude Oil Trade Could Be Hampered By Greek-Iranian Tensions Over Tankers’ Seizure Read More »