In all our previous notes and podcasts we have been relatively bullish on bunker prices rising from their extreme lows at end April, even though at some stages there was a stuttering in the upward trend. The sentiment was driven by tightening oil funda…
The Rise in Bunker Prices Has Come to a Halt & the Question now is ‘What Happens Next? Read More »
Projects for standard contracts and clauses covering almost every sector of the shipping industry will be reviewed by BIMCO’s Documentary Committee (DC) when it meets on 21 and 22 September. The gathering of over 70 documentary experts from around the …
Slew of new contracts and clauses top BIMCO committee’s upcoming meeting Read More »
INTERTANKO Members noted with great concern the European Parliament’s decision to include both international and EU “domestic” shipping trades into their Emissions Trading System (ETS)”, said INTERTANKO’s Managing Director Katharina Stanzel. She added:…
INTERTANKO: EU Parliament decision could undermine a global GHG solution Read More »
As the year 2020 continues to deliver positive surprises for the container shipping sector, the gap between short and long term contract freight rates on the Trans-Pacific trade lane has never been wider. The stars are now aligned for carriers to achie…
Trans-Pacific short vs long contract freight rate gap hits record USD 2,400 per FEU Read More »
Containership markets have upended expectations since the pandemic began and recent months have brought about some of the most surprising developments yet. The question is whether a clear and above-expectation post-lockdown boost to volumes can prove e…
Containership owners and lines must focus on a sustainable recovery says MSI Read More »