International Shipping News

Dry Weekly Market Monitor: Supramax S8 Route Surges Amidst Tightening Tonnage Supply

Over the past several weeks, the Supramax freight market has witnessed a remarkable recovery, particularly on the Baltic Exchange’s S8 route — which covers South China via Indonesia to East Coast India, a key corridor for coal shipments. Recovery Timin…

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Vision 2050: Fuel standards to align international shipping with the Paris Agreement

In 2023, the International Maritime Organization (IMO) adopted a revised strategy that aims to reduce greenhouse gas (GHG) emissions from international shipping to net-zero by or around 2050. The strategy includes indicative checkpoints targeting a 20%…

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Maritime Industry Associations launch consolidated BMP Maritime Security publication

The Industry Associations of BIMCO, ICS, IMCA, INTERCARGO, INTERTANKO & OCIMF supported by over forty maritime stakeholders, have today released a consolidated and enhanced publication Best Management Practices (BMP) for Maritime Security (MS). As …

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