The Union of Greek Shipowners (UGS) acknowledges the positive elements of the outcome of the negotiations between the European institutions regarding the inclusion of shipping in the European Union Emissions Trading System (EU ETS). The agreement refle…
Shipping’s value chain can expect continued pressure on targets and commitments until it clearly aligns with an IPCC-derived definition of the steps needed to avoid temperatures rising above 1.5C. This pressure will come both from the policy process at…
Shipping’s path towards the digital era is well underway, with container ships at the forefront of this process. In its latest weekly report, shipbroker Intermodal said that “shipping, although a conservative and innovation adverse industry, is current…
Shipping’s Digitalization Journey is Well Underway Read More »
It is quite an exciting time from the standpoint of container futures, with the market slide that started at the end of February 2022 now sitting at levels that are recognizable to 2019 and drawing in a dramatic increase in buy-side interest. Futures m…
FBX Index December: Looking forward Read More »
The Government of Turkey issued a notice dated 16 November 2022 which requires all ships transiting or entering Turkish waters from 01 December 2022 (extended to 02 December 2022), to provide letters of confirmation from the owner’s P&I Club …