Geopolitical risks are impacting the supplier strategy of many companies globally. While majority (63%) of the companies surveyed by Container xChange in the month of February’24 are looking to diversify their supplier portfolio, 37% are still going to…
China reopens after Chinese New Year, Container rates plateau Read More »
The EU Emissions Trading System (EU ETS) and FuelEU Maritime regulations will have far-reaching implications for shipowners, managers, and charterers with vessels trading to, from, or within the bloc. The system is complex and could lead to penalties f…
EU ETS and FuelEU call for proactive risk management Read More »
The Panama Canal, one the world’s largest shipping gateways is plagued by drought issues, adding another factor in the shipping market’s freight rate equation. In its latest weekly report, shipbroker Gibson said that “the Panama Canal stands as one of …
Panama Canal Drought Issues Improved, But Not Eradicated Read More »
Capesize The week started with a modest increase on the BCI 5TC, accompanied by steady activity in the Pacific and relatively calm conditions in the Atlantic. As the days progressed, the Pacific market saw increased activity and rising rates, particula…
Dry Bulk Market: Capesizes Keep Momentum High Read More »
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the difference between a guarantee and an indemnity, why it matters, and what steps can be taken to protect the shipowner’s position. Ship…
Is your guarantee a guarantee? Note to shipowners Read More »