The Panama Ship Registry has grown in tonnage by 9.6%, adding 20.4M GT between July 2019 when the current administration took over, and July 2022 (as of today) with a total tonnage of 239.4M GT. The Panamanian fleet is composed of 8,587 vessels at July…
The Panama Ship Registry has grown 9.6% since 2019 Read More »
Through to the end of July, we saw an abrupt resumption of volatility in container freight spot markets as we move into the third quarter of 2022, a seasonal demand peak largely expected to support spot prices in the short term. This is in stark contra…
FBX Index August: Looking forward Read More »
BHP has partnered with Pan Pacific Copper (PPC), a member of JX Nippon Mining & Metals group, and Norsepower, the leading global provider of auxiliary wind propulsion systems, to reduce greenhouse gas (GHG) emissions from maritime transportation be…
LNG is the best fuel option for owners considering how to extend vessel life and secure CII compliance through retrofit, according to SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG fuel pathway for shippi…
LNG retrofits will rate higher under CII than HFO/scrubber or Vlsfo alternatives Read More »
Every year, as much as 90% of worldwide trade passes through the maritime transport system. This means that the movement and safe delivery of almost all of our vital foods, medicines, and technologies relies on the dedication of a vast, diverse, and gr…
Navigating the perils of seafarer salary payments – how fintech is finally catching up Read More »