Average vessel operating costs rose modestly for the second year in succession following two years of marked declines, but cost inflation is set to accelerate on higher insurance premiums, according to the latest Ship Operating Costs Annual Review and …
Ship operating costs reach inflection point as inflation returns Read More »
UNCTAD’s Multi-year Expert Meeting on Transport, Trade Logistics and Trade Facilitation on 21–23 November comes just a few months after the International Maritime Organization (IMO) adopted an initial strategy on the reduction of greenhouse gas (GHG) e…
Q&A: Shipping and the environment Read More »
Although the notion of a ship in the middle of the ocean being disabled by a software malfunction or by hackers was initially greeted with considerable scepticism and denial, a spate of incidents, including most notably an attack that disrupted operati…
The shipping industry has been through many upheavals since the industrial revolution. Faster ships at the turn of the century meant that your goods could get to the end destination quicker and the standardization of containers in the 1960s helped ushe…
Blockchain and Shipping Read More »
Demand drivers and freight rates This year – 2018 – has delivered as promised. The improved fundamental market conditions in the first three quarters of 2018 have seen the Baltic Dry Index (BDI) rise significantly – up by 24%, 25% and 41% in Q1, Q2 and…