The tightening transit restrictions through the Panama Canal are predominantly impacting the southbound trade in the region, nudging a shift in trade routes for the USG-China trade. Drewry estimates a rise of 5-6% in freight rates due to the diversion …
Dry bulk market braces for tightening Panama transit restrictions Read More »
Seaborne coal trade from Australia to China is back this year, as the two countries have mended broker relations, ever since the aftermath of the COVID virus outbreak. This is reflected in trade patterns. In its latest weekly report, shipbroker Bancher…
Dry Bulk Market: Australian Coal Exports to China on the Rise Read More »
The inclusion of shipping in the European Union Emissions Trading System (EU ETS) is a significant step towards reducing global greenhouse gas emissions. However, it comes with myriad of challenges, from administrative complexities to financial exposur…
Shipping’s exposure to EU emissions scheme Read More »
The Hong Kong Convention will finally enter into force in 2025, but what does that mean in practice? How will ship recycling practices be impacted, and what will a key recycling nation like Pakistan do? Gard’s Special Adviser Kim Jefferies spoke with H…
The Hong Kong Convention – will it be a game changer? Read More »
The LNG and LPG markets, especially the VLGC one, is expected to trend higher over the coming weeks and months, as ton-mile demand will increase significantly. In its latest weekly report, shipbroker Xclusiv said that “the El Niño, a natural climate ph…
LNG and LPG Rates Expected to Move Higher Read More »