As the Euro Zone grapples with an ongoing economic crisis, facing declining trade and subsequently, a drop in container trade, the region struggles with the challenge of surplus containers causing repositioning costs exceeding the asset cost. Industry …
There’s a lot of commentary in the media about digitalisation in shipping. One common claim is that shipping is behind the curve of technology adoption compared to other industries. But is that really true? Shipping remains a complex and highly r…
Data from clean technologies: powering up decarbonisation with digitalisation Read More »
The question of who pays and the operational basics on how to set up EU Emission Trading Scheme (ETS) accounts still need to be answered as the industry draws ever closer to the January 1, 2024, compliance deadline. Experts at a Baltic Exchange Dry Car…
Getting practical on EU ETS compliance Read More »
Despite a rather strong newbuilding ordering activity, contracting remains 13% lower than the same period of 2022. In its latest weekly report, shipbroker Xclusiv said that “in the first 8-month period of 2023, the newbuilding activity in the four main…
Newbuilding Ordering Activity Down 13% This Year Read More »
Newbuilding activity was somewhat limited over the past week, after a series of very strong contracting. In its latest weekly report, shipbroker Allied Shipbroking said that “the newbuilding market prevailed in a state of clampdown as of the past week,…
Ship Owners Limit Newbuilding Orders After Latest Spree Read More »