Spot rates on the East-West routes are the most volatile; rates on intra-Asia routes the most stable. So, what are the implications for shippers? More than five years have passed since the huge shipping disruptions, damaging port congestion and cost sp…
Cost volatility in shipping – a growing risk for shippers Read More »
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) enters into force on 26 June 2025 and requires existing vessels of 500 GT and above to have on board an International Certificate on Inventory of Haz…
Hong Kong Convention and how to obtain IHM certification for ship recycling Read More »
Capesize The Capesize market trended downward this week, with sentiment consistently softening, particularly in the Pacific. C5 rates came under pressure as iron ore volumes from West Australia declined. While coal cargoes from East Australia offered s…
Dry Bulk Market: Capesize Market on the Back Foot Last Week Read More »
A clear uptick in casualties in 2024, driven by machinery damage/failure and an ageing fleet, stands out in the latest analysis of Lloyd’s List Intelligence casualty data. The number of maritime casualties rose by 15% in 2024. Coupled with a 7% rise in…
DNV: Ageing fleet driving increase in incidents Read More »
The decarbonisation spotlight on shipping is often on shone on alternative fuels, but the role of energy efficiency should not be overlooked, according to a shipping expert. In a recent DNV Maritime Impact podcast, DNV’s director of environment for mar…
Energy efficiency: the unsung hero of decarbonisation? Read More »