According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the cost. Effective …
The chemical tanker market, once a niche sector, has matured into a mainstream industry, marked by increasing commoditisation, larger parcel sizes, and greater trader activity. This transformation has led to a growing demand for benchmarking tools, cul…
Chemical trades come into the mainstream Read More »
A new study by UCL and UMAS, which analysed ship movements between 2018-2022, found that optimising port arrivals to take into account port congestion or waiting times could reduce voyage emissions by up to 25% for some vessel types. The average potent…
The Freightos Baltic Index Global benchmark increased 9% in November to $3,590/FEU as Asia – Europe GRIs pushed rates up sharply at the start of the month, with some late month increase for Asia – US East Coast as well. This global rate is …
FBX Index November 2024: Market summary Read More »
“Between January and November 2024, Russian seaborne dry bulk exports have decreased 5% y/y, driven by a 10% y/y decrease in coal shipments. The price competitiveness of Russian coal has deteriorated, compared to Mongolian, Indonesian and Australian ca…
New wheat export tariffs could intensify 5% Russian export loss Read More »