The Panama Canal contributed to the reduction of 16 million tons of carbon dioxide (CO2) equivalent emissions in 2021, in comparison to the most likely alternative routes. These savings, three million more than achieved in 2020, are equivalent to the a…
The Singapore Chamber of Maritime Arbitration (SCMA) provides a framework for maritime and international trade arbitrations. SCMA arbitration based in Singapore is the default choice for dispute resolution under the Singapore Standard Code of Practice …
New SCMA Rules: Reflecting the New World of Arbitration Read More »
With rates for Capesizes falling to levels lower even from their smaller counterparts, shipping analysts are looking for future trends, which could shape the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Dry Bulk Market: Will the Current Paradox Become the Norm? Read More »
The annual Shipping Industry Flag State Performance Table, from the International Chamber of Shipping, has identified reporting on seafarer wellbeing as a “casualty of the pandemic,” following its publication this week. The Table is intended to encoura…
Long-term contracted ocean freight rates fell by 3.6% in January, according to the latest Xeneta Shipping Index (XSI®) Public Indices. Based on crowd sourced data from leading global shippers, the analysis shows the second consecutive monthly rates dec…