On August 19, a group of dock worker unions in India encompassing 20,000 members called for a general, nationwide strike starting August 28. The unions’ demands include “pay scale revisions, payment of arrears and protection of exiting bene…
The World’s Biggest Sea-Trading Countries Read More »
The comprehensive strategy to achieve climate neutrality in shipping, focusing on reducing greenhouse gas (GHG) emissions adopted by the International Maritime Organization (IMO), aims to reduce GHG emissions from international shipping and phase them …
Greenhouse gas regulations: What are IMO’s next steps? Read More »
Capesize This week saw a strong and consistent upward trend in the Capesize market, with the Baltic 5TC index rising from $21,510 on Monday to settle at $23,645 by Friday. In the Pacific, activity was buoyed by the participation of all the major miners…
Bulk report – Week 34 Read More »
A policy paper released today by Pacific Environment reveals that there is a huge body of scientific work and studies that show that Exhaust Gas Control Systems (ECGS) – otherwise known as scrubbers – are detrimental to the marine environment, wildlife…
The Science on Pollution Scrubbers and Why EPA Should Ban Scrubber Discharge Read More »
This week’s special focus is on the dirty oil flows from Arabian Gulf origin countries to all destinations, particularly in light of the ongoing Middle East tensions. Below, we examine the evolution of these flows between 2023 and 2024, comparing the m…
Snapshot of Crude and Product Freight Rates, Supply-Demand Read More »