Canada’s iron ore exports have been on the rise since the start of 2023. In a recent weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Sep 2023, global loadings of iron ore increa…
Canada’s Iron Ore Exports on The Rise Read More »
Ammonia has attracted the shipping industry’s attention as a potential zero-carbon fuel, especially when produced as green ammonia. In a new chapter added to its Alternative Fuels for Containerships guidance paper, DNV explores the properties, requirem…
New ammonia chapter for technical and operational decision support Read More »
A petrochemical revolution, spearheaded by China’s unprecedented expansion, is reshaping the global petrochemical landscape and influencing patterns of oil consumption. According to the International Energy Agency (IEA), petrochemical demand is p…
Trade consequences of the petchem revolution Read More »
The Red Sea crisis is persisting for a second straight month, which is slowly expected to make an impact on the global supply chain and world trade alike. In its latest weekly report, shipbroker Xclusiv said that “2023 is gone, however, economic uncert…
Trade Disruptions To Lead to Higher Shipping Rates Read More »
The Red Sea crisis shows no signs of easing as A.P. Moller – Maersk announces it is pausing all transits through the region ‘for the foreseeable future’ and ocean freight shipping rates continue to surge. The latest data from Xeneta released today, 9 J…