Several major Container ports on the US East Coast are experiencing elevated levels of congestion, but a few remain relatively free flowing and uncongested. As Container lines reposition services away from the US West Coast, where waiting times hit onc…
Supply Chains Backed Up on US East Coast, But Free Flowing Pockets Remain Read More »
Surplus containers are piling up at warehouses as demand wears out, resulting in rising demurrage and detention charges, contributing substantially to the operational costs for shippers. These were a few inferences that were discussed during a recent w…
On 22 July, Russia and Ukraine signed an agreement with Turkey and the United Nations to allow grain exports from three ports in western Ukraine: Yuzhne, Chornomorsk, and Odesa. Combined, the three ports accounted for 65% of the country’s total grain e…
Grain agreement could see 65% of Ukraine’s seaborne capacity reopen Read More »
The Russia-Ukraine war and sanctions on Russia’s refined products have created a void in the European market, which is counterbalanced largely by South Asia. The product tanker sector has been gaining from the ongoing geopolitical tensions as a sudden …
Geopolitical tensions redefine the new normal for product tankers Read More »
SEEMP Part III represents the International Maritime Organization’s decarbonisation ambitions. The regulation requires ships of at least 5,000 GT and which trade internationally, except passenger ships, to have a verified Ship Energy Efficiency M…
Why it’s time to act on SEEMP Part III Read More »