Overview The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the industry, BIMCO has developed a new CII…
BIMCO adopts new CII clause for Voyage Charter Parties Read More »
After the surge in output of 2021, the past 18 months have proved particularly challenging for Chinese box builders with the production of dry freight standard containers, especially 40ft high-cubes, falling sharply. Globally, high levels of inflation …
Special shipping containers provide some hope for container manufacturers Read More »
In the second week of October, the VLCC MEG-China route is trending upward. However, the sustainability of this positive trend remains uncertain due to mounting concerns stemming from geopolitical tensions that are casting a shadow over the energy sect…
Downward revision of the number of MR ships, but still longer waiting times in the south Read More »
The Israel-Palestine conflict, marked by recent violence between Israel and Hamas, has sent ripples through the shipping and maritime industry, leading international companies to issue cautionary advisories and adapt their operations in the region. “In…
The second week of October brought both promising and concerning developments in the shipping industry. In the Capesize Brazil to North China route, freight rates continued to exhibit strength, reaffirming their resilience in the face of various market…