Global container port congestion has increased port operators’ costs and put pressure on their margins, Fitch Ratings says. However, the operators’ performance has been supported by the strong rebound in volumes in 2H20 and 2021. We expect bottlenecks …
Global Container Port Congestion Squeezes Operators’ Margins Read More »
As a sector at the “forefront of the climate change challenge”, the maritime sector is stepping up to its climate change mitigation and resilience building responsibilities, according to UNCTAD. But while the UN’s trade body commends and supports the I…
Decarbonisation winners and losers Read More »
A bunker barge is back in dry dock in Galveston, and availability can be tight for prompt dates in Panama. Houston and other key Gulf Coast ports are well supplied across fuel grades. Prompt availability is tight with a supplier in Beaumont, and the ea…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional individual markets. While previous years’ reports have mentioned “must do better” or “extra classes needed”,…
Clarksons: Strongest Half Year For Shipping Markets Since 2008 Read More »
Global shipping accounts for about 3% of the world’s annual carbon emissions, and pressure is intensifying on the industry to reduce that pollution to contribute to the international goal of net-zero carbon emissions by 2050. To date, the shippin…
IMO has a new plan to reduce shipping’s carbon emissions; will it be enough? Read More »