China reduced its intake of Russian coal during the first quarter of the year, while Australia saw a surge in its export volume compared to the previous year’s lows, particularly noticeable in the January to March period. In the closing days of M…
The re-routing of mainline vessels via the Cape of Good Hope has resulted in a steep downturn in vessel call capacity across East and Central Mediterranean hub ports, but West Mediterranean ports have shown more resilience. With no resolution to the se…
East Mediterranean hubs suffer as Red Sea crisis persists Read More »
Analysis from Mikkel Nordberg, Veson Nautical’s Senior Shipping Economist, indicates that the advantages stemming from the expansion of renewable energy capacity may outweigh the negative effects of diminished coal demand. When considering a medi…
The Francis Scott Key Bridge in Baltimore has collapsed after it was struck by a container ship at around 1.35am ET. The container ship involved is the Singapore-flagged Dali which can carry just under 10 000 TEU (20ft shipping containers) and was oper…
Baltimore bridge collapse: potential for significant supply chain disruption Read More »
The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping value chain’s commercial decision making, and for this sector’s contribution to minimise the risks of dangerous climate ch…