At the end of the month, there’s a notable upturn in the Capesize Brazil to N China route, with rates reaching new highs since the year’s outset. However, it remains uncertain whether this firmness will persist into March. Interestingly, de…
Will the India-Middle East Corridor (IMEC) replace a large chunk of the Suez Canal traffic to Europe? Nope! At most, a few crumbs. Dry canals cannot compete with ‘wet’ canals! And that is why there is no truly dry canal in the world. The he…
Beyond the Houthis’ attacks on shipping: The absurdity of the India-Middle East Corridor Read More »
During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports significantly declined as merchant shipping increasingly avoided transiting through the …
Cargo volumes in Red Sea area drop 21% due to attacks on ships Read More »
The Red Sea has emerged as a key focal point of geopolitical tension. Houthi militants in Yemen are employing sophisticated weaponry, including hijacks, ballistic missiles, anti-cruise missiles and drones to target international shipping routes. These …
Charting the course: How the shipping industry is adapting to tensions in the Red Sea Read More »
Technological innovation drives the maritime industry forward, improving safety and propelling decarbonization. However, many new technologies face challenges in aligning with existing regulations. DNV’s Technology Qualification process bridges this ga…
Technology Qualification: Facilitating maritime innovation Read More »