The composite index of the Shanghai Containerized Freight Index (SCFI) jumped to its highest level since September 2012, reaching 1,263.26 on 28 August, and representing a 54.4% increase from 24 April when the SCFI was at its lowest point this year. Th…
Shanghai container spot rate index hits 8 year high Read More »
More than 200 representatives from Getting to Zero Coalition members convened virtually this week for the Coalition’s second biannual working session with the objective of advancing the ambition of having commercially viable zero emission vessels opera…
The Getting to Zero Coalition sees momentum building around shipping’s decarbonization Read More »
Shipbreaking is among the most dangerous jobs in the world, according to the International Labour Organisation. This is the process of breaking up huge old ships into spare parts. It almost always happens in developing countries and comes with an unacc…
How to recycle a huge ship – safely and sustainably Read More »
As agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates, a stunning second quarter comeback have nearly tripled freight rates. While total agricultur…
Stunning comeback to Q2 agricultural exports nearly triple freight rates Read More »
New Technical Reference document will help shipowners, ports and bunker suppliers understand processes and procedures for the safe use of methanol as a marine fuel. As stakeholders across the maritime industry assess future fuel options in support of t…
LR and Methanol Institute launch guidance on methanol bunkering Read More »