BIMCO, DCSA, FIATA, ICC, and Swift (The FIT Alliance) have launched the “Declaration of the electronic Bill of Lading” as the adoption of eBLs can help make international trade more efficient, reliable, sustainable, and secure. The aim of the declarati…
FIT Alliance launches eBL declaration to secure commitment to digitalization Read More »
China’s iron ore imports have increased so far in 2023, helping sustain dry bulk market rates. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Jul 2023, global loa…
China Leading Iron Ore Imports in 2023 Read More »
Regulatory, shipowner and ports-driven changes concerning decarbonisation and sustainability are finally happening in ocean transport – and shippers/Beneficial Cargo Owners are starting to make real changes in their procurement processes to reflect the…
Including decarbonisation in ocean bids and procurement decisions: 5 key changes Read More »
Ice caps are melting at an alarming rate. Heatwaves are hitting southern Europe, the US and Asia with a vengeance. Unusually heavy rainfall is destroying homes and infrastructure. This summer has once again highlighted the significant impacts of climat…
Russia’s crude oil export routes are in a state of constant flux, as the exporter is shifting volumes to other clients/countries, China being one of the main ones. As such, the importance of alternative and more cost-effective routes is increasing. In …