Since July 2020, the container market has benefitted from a surge in consumption of goods compared to pre-COVID levels, and head-haul and regional trade volumes have followed. Compared to the same period of 2019, container volumes in the second half of…
Supply/demand balance at 2019 level as container volumes fall 4.6% y/y Read More »
Lloyd’s Register (LR), in collaboration with marine innovation consultancy Thetius, has published a new report into the market, technology, and regulatory trends of fuel oil bunkering as the industry navigates its way through the decarbonisation and di…
Off spec fuels can cost ship operators as much as $50,000 per incident Read More »
The container shipping market continues to show weakness, especially on the spot market, as falling demand and easing congestion have improved shippers’ position. Spot rates on the major global trades have fallen to levels not seen since the spring/sum…
Xeneta: Spot Container Shipping Market in Dire Straits Read More »
“ We need all carbon-neutral options in the future fuel mix to meet existing and accelerated targets to decarbonize shipping. This creates a big challenge for deciding what fuel production, distribution and bunkering infrastructure to invest in, and wh…
Enhanced modelling of maritime’s future fuel mix Read More »
Parties to the treaties which regulate the dumping of wastes at sea have adopted an amendment to ensure that the dumping of sewage sludge at sea would be prohibited worldwide. The amendment to the London Protocol will remove sewage sludge from the list…
Dumping of sewage sludge at sea to be prohibited worldwide Read More »