Drewry’s composite World Container Index increased by 2.3% to $1,832.48 per 40ft container this week. The composite index has increased by 2.3% to $1,832.48 this week, and has dropped by 70.6% when compared with the same week last year. The latest Drew…
Drewry’s World Container Index – 17 Aug Read More »
Engine or shaft power limitation is a practical means of achieving energy optimization within the framework of the IMO’s recently introduced EEXI regulation. However, for all its benefits, implementing the method requires careful consideration, says An…
Limiting engine power to meet EEXI requirements: Considerations and challenges Read More »
“Driven by continued growth in minor ore demand in China, global seaborne minor ore exports rose 7% y/y in the first seven months of 2023, vastly outpacing the 2% y/y growth in overall dry bulk exports,” says Filipe Gouveia, Shipping Analyst at BIMCO. …
Strong Chinese demand drives 7% y/y increase in minor ore exports Read More »
Spot rates on the Trans-Atlantic fronthaul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta’s platform data, the monthly average rate for a 40-foot standard container (FEU) has dropped dramatically, …
A few years ago, the Paris Agreement set in motion the path towards achieving reducing greenhouse gas emissions by at least 50% by 2030 and reaching as close to zero as possible by 2050. A series of ambitious pledges followed, and many actors invested …
How to ensure global net-zero pledges really work Read More »