“ COVID-19 has turned the world upside down,” states Knut Ørbeck-Nilssen, “the way we work, the way we communicate and the way we live. Who could have imagined the transformation in store just seven or eight short months ago?” “A line has been drawn in…
Maritime renaissance men Read More »
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff stepped up a notch last week when a $5 trillion valued institutional investor group made up of many of the…
Coal squeeze intensifies Read More »
The pandemic has sent shockwaves through global maritime transport and laid the foundations for a transformed industry and associated supply chains. UNCTAD expects a return to growth in 2021. Global maritime trade will plunge by 4.1% in 2020 due to the…
COVID-19 cuts global maritime trade, transforms industry Read More »
Ahead of the important International Maritime Organization (IMO) Marine Environment Protection Committee meeting (MEPC 75), which will take place on 16-20 November 2020, INTERCARGO supports the IMO in approving the new mandatory measures that were deve…
INTERCARGO supports IMO in approving GHG measures next week Read More »
Outlook revised to stable from negative. The global shipping industry is on course to perform better overall than we had previously expected this year. We expect the aggregate EBITDA of the shipping companies we rate globally to grow by 3%-5% in 2021, …
Moody’s: Shipping Outlook turns stable on EBITDA growth, improving supply-demand balance Read More »