To celebrate the much awaited return of Posidonia after 4 years, we take a look at how the Greek fleet has developed since the last event in 2018, using VesselsValue data. From 2018 to 2022, the value of the Greek owned fleet increased by 92%. This is …
Posidonia Then and Now: A Look into the Greek Fleet Read More »
Such is the serious fear of the global business organisation representing cargo owners which export and import across international supply chains, the Global Shippers Forum. Following the decade-long efforts of the International Maritime Organisation (…
Shippers Fear Carbon Tax Will Hike Freight Costs Still Higher Read More »
With mounting global efforts to combat climate change, the shipping and offshore sectors are subject to ever-increasing scrutiny and regulatory intervention. Reed Smith shipping partner Nick Austin and associate Eleni Pilaviou highlight the significant…
Navigating decarbonisation – contractual considerations Read More »
An EU embargo targeting all seaborne imports of crude oil and petroleum products from Russia will disrupt tanker trade flows into the trade bloc by the end of the year. All 27 members of the EU agreed to a new sanctions package on Monday that included …
EU oil ban to rewrite tanker trade Read More »
On a nation state level, governments can impose taxes on the sources of pollution at the point of production or sale, e.g. on petrol, with the aim that the taxes generated will cover the cost of dealing with the resulting pollution and incentivise redu…
Emission trading schemes and international shipping Read More »