Digital solutions that offer progress on decarbonisation are now “amongst the most prolific and persistent requirements” for Maersk Supply Service, according to Kasper Thiesen, Head of IT, as the offshore support vessel operator and solutions provider …
Digital Headway On Decarbonisation Read More »
On 8 June 2022, the European Union (EU) decided to impose a ban on seaborne imports of Russian crude oil and oil products. The ban on crude oil will take effect on 5 December and by then the EU must have found new suppliers and Russia must find new buy…
Two weeks before ban, EU still imports 15% of crude oil from Russia Read More »
A steady growth trend has evolved in the world merchant ship fleet during the past few years. But this broad view hides contrasting changes among the main vessel types. In the period ahead, further large variations are likely among categories. Bulk car…
Momentous changes in the cargo ship fleet Read More »
After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to Oslo-based Xeneta. An in-depth analysis of the latest real-time ocean and air freight …
In its latest analysis, S&P Global Market Intelligence, argues that a lack of newbuildings will limit tonnage supply during 2023, thus offering significant support in the freight rate market. Key highlights from the analysis include: • While freigh…