The first quarter of the year comes with an overall upward trend in the number of vessels in waiting and operating status at worldwide ports. Although the last year seemed to be the year of record-high levels, we have seen even stronger figures each mo…
Port Congestion – A Q1 review of the number of Dry Bulk Vessels Read More »
April has delivered a shock to the system for long-term ocean freight rates from the US to the Far East, with significant falls on both East Coast and West Coast routes. The surprise development, revealed by Oslo-based Xeneta’s weekly market update, sh…
Long-term container rates plummet on key US to Far East routes Read More »
Shipping has a vital role to play in post pandemic recovery for the EU but must not be ignored in reforms to the bloc’s trade policy, said speakers at the latest Leadership Insights Live. Underscoring the importance of the EU to global maritime trade, …
The Role of Maritime Trade in the Post-COVID Recovery – Europe Focus round-up Read More »
The Board of Directors of BIMCO has approved the organisation’s updated greenhouse gas (GHG) position statement, elaborating on who it believes should pay for carbon pricing and warning that excessive retroactive measures could have negative unintended…
BIMCO publishes updated greenhouse gas position statement Read More »
The recent run of newbuilding Capesize bulk carrier orders featuring dual-fuel LNG propulsion may have peaked, according to research and forecasting company Maritime Strategies International. The fall-off in interest in LNG-fuelled ships represents con…
Has the rush to order LNG fuelled bulk carriers run its course? Read More »