Escalation of the Red Sea crisis in December 2023 is an important waypoint for ocean container shipping because it caused average spot rates to spike dramatically on major fronthaul trades without ever returning to the previous level… but is that set t…
Will plummeting ocean container freight rates drop to pre-Red Sea crisis levels? Read More »
In late July 2025, the United States announced a 25 percent tariff on Indian exports, explicitly citing India’s continued purchases of Russian crude oil and military equipment. The move was widely interpreted as part of a broader strategy targeting cou…
Special Focus of the Week: Iraq Crude Exports & Dirty Oil Flows Read More »
The Commercial Court decision in Fastfreight Pte Ltd v Bulk Trident Shipping Ltd (Anna Dorothea) is a timely and significant reminder of the importance of payment discipline in the shipping industry. At the heart of this case was a clause most shipowne…
‘Commercial certainty’ takes precedent over fairness Read More »
The International Maritime Organization (IMO) has adopted mandatory amendments to SOLAS Chapter V (Regulations 31 and 32) and Article V of MARPOL Protocol I to standardise the reporting of freight container losses at sea. These changes require Masters …
18/2025: New IMO Requirements for reporting loss of containers at sea Read More »
A two-year Coalition partnership to accelerate decarbonisation efforts in the dry bulk segment has been signed by the Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Dry Cargo Shipowners (INTERCARGO). Dry bulk is …
GCMD and INTERCARGO partner to advance decarbonisation in the dry bulk shipping sector Read More »