Ports can play a pivotal role in the world’s decarbonization challenge and provide a blueprint for industries and governments to cut pollution and transition to a cleaner energy future. By 2050, the total electricity generating capacity for industrial*…
June alone saw as many container ship demolitions as the first five months of 2020 combined, doubling year-to-date volumes. In June, 20 ships with a 48,915 TEU of container shipping capacity were sold for breaking in the three main sites of India, Paki…
June container ship demolitions increase year-to-date volumes by 100% Read More »
Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016. Data from VesselsValue highlight that in the first five …
Oil product tanker S&P activity down 45% as new reality unfolds Read More »
European forwarders’ association joins industry initiative on a fair, neutral bunker adjustment factor indexing mechanism for shippers, forwarders and shipping lines. CLECAT, which represents the interests of more than 19,000 companies in logistics, fr…
CLECAT joins Drewry-ESC transparent tool for bunker charges Read More »
Maritime transport reportedly emits around 940 million tonnes of CO2 annually and is responsible for about 2.5% of global greenhouse gas (GHG) emissions (3rd IMO GHG study), with a projection to increase significantly over the next few years (estimated…