Browsing: Shipping

Cargill kickstarts maritime decarbonization with biofuels, methanol US-based agricultural trader Cargill has ramped up a bio-bunkering program for its own…

Global container shipping outlook: pressure mounts amid flood of new capacity The container shipping market has become used to cyclicality…

Green shipping: a $1.9tn investment opportunity? Shipping is the most carbon efficient means of transportation (on a CO2 per ton-km…

Record cuts in container shipping costs in 2023 As many shippers/BCOs conclude their annual tender negotiations for new transpacific contracts…

Product tankers in Asia to keep benefiting from Australian demand Product tankers and more specifically, MRs are to keep benefiting…

Why skills development is vital for shipping’s green transition Moving towards a low-emission global economy will create tens of millions…

Shipping: navigating towards a greener future Nine out of ten goods traded globally are transported by ship. Without shipping, we…

Ship recycling market still under pressure The Ship recycling has remained under pressure, despite a few positive signs here and…

Fitch ratings: global shipping outlook worsens on lower container freight rates Fitch Ratings has revised its outlook for shipping to…

The digital journey shipping companies are making to recover from the pandemic years Shipping companies are focusing on the future…

Associations plead case for EU consortia block exemption regulation The joint submission from the World Shipping Council (WSC), the International…

Wastefuel technology converts municipal solid waste to e-methanol fuel With the shipping industry moving toward the broader adoption of methanol…

Container shipping profits will drop by 80pc in 2023/24: HSBC report After two years of unprecedented rises container freight rates…

Like many aspects of Pakistan’s economy, the story of the local shipping industry has been one of disappointment and unfulfilled…

World’s longest green corridor planned between Singapore and Rotterdam Efforts are underway to form the world’s longest green corridor to…

Carbon taxes in the shipping industry—assessing Japan’s proposal There are growing calls for a carbon tax on shipping emissions. Jim…

Navigating decarbonisation – contractual considerations With mounting global efforts to combat climate change, the shipping and offshore sectors are subject…

Ship repairs proving costlier and more difficult scheduling-wise Performing scheduled maintenance or ship repairs is proving to be yet another…

Industry partnerships key to decarbonizing the commodity value chain The COP26 summit in Glasgow in November highlighted the increasing pressure…

Shipping ton-mile demand increasing The current situation in the shipping markets has been favorable of increased ton-mile demand. However, the…

Higher energy-yield with superior fuel combustion While deliberations on meeting the IMO’s goal of cutting GHG emissions from shipping by…

Why Mexico is ideally placed to become a zero-carbon shipping fuels hub With the International Maritime Organization calling for a…

Shipping decarbonization With the shipping industry gradually expected to move towards cleaner fuels, ordering a newbuilding vessel can be a…

5 alternative container ports for avoiding congestion The Los Angeles-Long Beach ports complex was the poster child for supply chain…

Designated ‘net-zero’ lanes could push the shipping industry to clean up its act The world’s ever growing global economy runs…

Greece wants ‘realistic’ EU Green policy for shipping EU shipping power Greece has told the European Commission that adding the…

Decarbonisation a defining financing factor Shipping companies that do not have a strategy to decarbonise are likely to be pushed…

Scrubbers for the future Almost as long as scrubber technology has been commercially available for shipping, questions have been raised…

Newbuilding ordering activity in slowdown mode Newbuilding contracting has slowed down over the past couple of weeks, a development attributed…

ICS reaction to EU ETS shipping extension The International Chamber of Shipping (ICS) has released a statement following the European…

Global Maritime Industry Scrap prices should rise in order to attract more tonnage says shipbroker An underwhelming demolition market has…

Moody’s: global shipping industry’s strong performance in 2020 set to continue Although the container shipping industry was hit hard by…

Bio-lng fuel seen as ‘prime pathway’ to carbon neutrality The gradual introduction of bio-LNG alongside synthetic LNG is expected to…

New quality standard and ngo for dry bulk sector launched Supported by the International Chamber of Shipping (ICS) and Bimco,…

Global Maritime Industry Ocean shipping companies lead the fight against the empty container build-up The willingness of shipping lines to…

Tanker market looking for direction post-OPEC+ Shipping is eagerly awaiting for the impact of OPEC’s decision in the oil market…