Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking and market analytics company says the latest General Rates Increases (GRIs) from c…
Ship recycling is a complex and hazardous process as ships contain a wide range of hazardous materials and have intricate structures that include numerous compartments, systems, and components; also, ship recycling can have significant environmental re…
Navigating the recycling challenges of ship owners Read More »
According to a 2023 report from Roland Berger, Scope 3 emissions can account for ”well over 90% of the total emissions generated in a given value chain”, and managing these emissions can often pose a major challenge, particularly in the e-commerce sect…
Breaking the chain: How e-commerce players can manage their Scope 3 emissions Read More »
A significant new judgment issued by the Hong Kong SAR Court of Final Appeal (CFA) is likely to add new impetus to tactical considerations for parties where a collision results in wreck removal. The question before the court in Perusahaan Perseroan (Pe…
Raising wreck recoveries Read More »
So far, the year 2023 has been very volatile for stocks of crude tanker shipping companies. Drewry Crude Tanker Index rallied at the beginning of the year, followed by a declining trend between the latter half of March and June. However, the index is o…
Drewry: Tanker Shipping Stocks Volatile in 2023 Read More »