Global trade is changing and so is shipping Global trade slipped into contraction at the end of 2022, following the rationalisation of piled-up inventories and the economic and industrial stagnation in the US and Europe. Global trade has also entered a…
Global shipping outlook: It’s all about capacity as the tide turns Read More »
“Humanity is in dangerous waters on climate,” UN Secretary-General António Guterres said in a video message at the start of MPEC’s latest session. “Science tells us it is still possible to limit global temperature rise to 1.5 °C, but it requires an imm…
Global shipping poised to get new emissions-fighting strategy Read More »
China’s seaborne coal imports have grown by 97.3% during the first five months of 2023, marking a significant shift in cargo flows and demand for dry bulk carriers. In its latest weekly report, shipbroker Intermodal said that “anticipation are high tha…
Dry Bulk Market: China’s Coal Imports A Major Factor in the Market Read More »
The net zero targets of major container shipping lines are much ambitious than the International Maritime Organization, which is under pressure to follow their lead. The following is an extract from Drewry’s latest Container Forecaster report, just pub…
Destination net zero Read More »
The extent of illegal recruitment fees and charges being levied on seafarers, in violation of the Maritime Labour Convention, has been revealed in a research report and survey produced by Liverpool John Moores University (LJMU) and leading maritime wel…
Report reveals extent of illegal fees for seafarer recruitment Read More »