Demand for seafarers is still on the rise, while increase in supply is expected to be weaker in the future. At the same time, consumer price index growth remains elevated. Based on these driving factors, Drewry forecasts a steady increase in wages whic…
Fewer seafarers, higher inflation – where are ship operating costs heading? Read More »
The shipping industry contributes to almost 3% of global greenhouse gas emissions annually. If it were a country, it would be considered the sixth largest emitter. This form of transport, however, is central to the movement of goods, with about 90% of …
How the shipping industry is sailing towards zero-emission targets Read More »
Ahead of the next United Nations Climate Conference, known as COP 27, the UN Foundation’s Senior Advisor and Senior Director for Ocean and Climate, Susan Ruffo unpacks what’s at stake for the world’s ocean – and explains why it is the source of some of…
Cop 27 Q&A: how the shipping sector can help us restore our oceans Read More »
With dramatic spot rate falls, a non-existent peak season, and easing port congestion freeing up capacity, the scene was set in October for a significant decline in long-term ocean freight rates. However, the latest data from the Xeneta Shipping Index …
The Mission to Seafarers today publishes the findings of its Q3 2022 Seafarers Happiness Index report, undertaken with the support of the Standard Club and Idwal. Seafarer happiness levels reached 7.3/10, up from 7.21 last quarter, which follows a sust…
Latest Seafarers Happiness Index shows sustained recovery in seafarer satisfaction Read More »