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EU ETS carbon emissions regulations – a sea-change for ocean freight shipping or a toothless tiger?

One of the major talking points in ocean freight shipping is the introduction of EU ETS carbon emissions regulations in 2024. Is this a sign of the industry getting serious about its environmental responsibilities or another initiative which is full of…

EU ETS carbon emissions regulations – a sea-change for ocean freight shipping or a toothless tiger? Read More »

MR Panama Canal Congestion: The congestion in the Panama Canal remained significant for MR, which had a positive impact on USG rates

Sentiment for crude oil freight rates deteriorated in November, which was particularly evident in the weaker trend towards the end of the month. However, there was a glimmer of optimism in the Very Large Crude Carrier (VLCC) segment, supported by a dow…

MR Panama Canal Congestion: The congestion in the Panama Canal remained significant for MR, which had a positive impact on USG rates Read More »