The first week of September brings a downward movement in crude oil freight rates and a continued downward trend in VLCC tonne days demand growth. MEG -Rates for China have now fallen to their lowest levels since the beginning of this year, but there i…
Maritime’s voyage to decarbonisation is underway, with shipping companies exploring technologies that harness wind, waves and even air bubbles to ensure their ships burn less fuel. Improved vessel design is making ships more efficient and safer for sea…
Actionable data is key to reducing shipping’s carbon footprint Read More »
Regulatory, shipowner and ports-driven changes concerning decarbonisation and sustainability are finally happening in ocean transport – and shippers/Beneficial Cargo Owners are starting to make real changes in their procurement processes to reflect the…
Including decarbonisation in ocean bids and procurement decisions: 5 key changes Read More »
Ice caps are melting at an alarming rate. Heatwaves are hitting southern Europe, the US and Asia with a vengeance. Unusually heavy rainfall is destroying homes and infrastructure. This summer has once again highlighted the significant impacts of climat…
With the accessions of Bangladesh and Liberia as contract parties, the Hong Kong Convention (“HKC”) will enter into force in 2025. The HKC applies to ships flying the flag of a contract party and ship recycling facilities (“SRFs”) under the jurisdictio…
The Hong Kong Convention, EU regulation and outstanding legal issues in various states Read More »