At the beginning of the first week of December, the outlook for crude oil freight rates, especially in the VLCC category, isn’t yet stable. In the meantime, there is a strong upturn in the MR-US Gulf in the clean segment. There are signs of an up…
Overview The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the industry, BIMCO has developed a portfol…
BIMCO adopts portfolio of four ETS clauses Read More »
Backhaul trades can prove problematic for carriers attempting to balance carbon emissions requirements with the need to protect profitability on the fronthaul. If it comes to a straight choice between carbon reduction and managing profitability at a gl…
Q3’23 Carbon emission carrier ranking | North Europe to Far East Read More »
A new report released today at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost difference on a per container basis for transpacific and coastal ships under different fuel pathways. The report tit…
The Sea Cargo Charter (SCC) will significantly revise its reporting ambition, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC…
Sea Cargo Charter to align with new emission goals Read More »