Trade and innovation have driven growth, but mounting climate risks, weak governance and underinvestment threaten the sector’s future and the lives of 600 million people worldwide. The ocean economy has grown 2.5 times since 1995, outpacing the global …
The ocean economy is booming. But for how long? Read More »
Every weekend seems to bring new investigations and actions from the US. On 21 February, two memoranda were released: one focused on America’s investment policy, and the other on foreign governments’ extraterritorial authority over American…
US attempts to curb China’s dominance in shipping, but actions could backfire Read More »
“Three years after Russia’s invasion of Ukraine, the volume of dry bulk shipments from the two countries combined is 6% below pre-war levels. However, the past 12 months have seen the countries’ dry bulk shipments develop in complete opposite direction…
BIMCO: Ukraine’s dry bulk shipments take 87% leap three years after Russia’s invasion Read More »
Capesize The Capesize market maintained its continued momentum throughout the week, improving $2,277 week-on week to close at $8,216, which is the highest value since late January. West Australian miners remained relatively inactive despite the reopeni…
Dry Bulk Shipping: Capesize Market Maintains Rising Momentum Read More »
International efforts to curb greenhouse gas (GHG) emissions from shipping took a step forward as the IMO’s Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) concluded its latest round of discussions. The IMOR…
IMO progresses talks on greenhouse gas reduction from shipping Read More »