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Xeneta: Record-Breaking Fall In Long-Term Rates For Ocean Freight, As Carriers Brace For Stormy 2023

January proved to be a dramatic month for long-term ocean freight rates, with the latest data from the Xeneta Shipping Index (XSI®) showing the largest ever month-on-month declines. According to the XSI®, which is based on crowd-sourced data from leadi…

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Olympic Shipping and Management SA is GCMD’s first Greek ship owner / manager centre-level partner

The Global Centre for Maritime Decarbonisation (GCMD) and Olympic Shipping and Management SA (OSM) have signed an Impact Partnership Agreement, committing to a five-year collaboration to accelerate shipping’s decarbonisation across geographies. Onassis…

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Hellas on the Forefront of Quality Flags: ICS publishes annual Shipping Industry Flag State Performance Table

The annual Shipping Industry Flag State Performance Table, published today from the International Chamber of Shipping (ICS), highlights a 25% increase in flag states reporting on seafarer labour standards compared to last year. Each year flag states mu…

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