Is the ship recycling market about to see more activity? The ship recycling market has been hampered by reduced activity…
Browsing: Shipping
Drewry: tanker shipping stocks volatile in 2023 So far, the year 2023 has been very volatile for stocks of crude…
Cargill kickstarts maritime decarbonization with biofuels, methanol US-based agricultural trader Cargill has ramped up a bio-bunkering program for its own…
Drewry: lng shipping equity index up 16.3pc during 2023 The Drewry LNG Shipping Equity Index increased 16.3 percent YTD (as…
Global container shipping outlook: pressure mounts amid flood of new capacity The container shipping market has become used to cyclicality…
Wind propulsion for RoRo, RoPax and Pax vessels The shipping world is looking for the right answers to the decarbonization…
Tankers: is LNG the new oil? LNG shipping rates are headed for higher ground over the summer, as LNG demand…
Synthetic fuels could be the answer to shipping’s net-zero goals, but don’t count on them yet Shipping accounts for 90…
Realities of a multi-fuel future Decarbonising the shipping industry is a complex challenge, yet a wholesale switch to green fuels…
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…
Newbuildings still in demand Newbuilding activity has kept its momentum over the past week, while S&P deals seem to have…
Why skills development is vital for shipping’s green transition Moving towards a low-emission global economy will create tens of millions…
Some Current News from the Shipping Market All Around the World: A look into the Greek maritime fleet To Mark…
At the onset, I must state that though this article deliberates upon the importance of good governance at the Pakistan…
LNG delivering decarbonisation SEA-LNG is pleased to share its overview of LNG as a marine fuel in 2022-2023 with you.…
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…
The economics of port has greatly influenced the world’s economy over time. Oceans have always been an alien realm for humans.…
PIAC Performance Indicators Units 2017 2018 2019 2020 2021 PIAC Fleet No. of Planes 36 32 32 30 30 Route…
Fitch ratings: global shipping outlook worsens on lower container freight rates Fitch Ratings has revised its outlook for shipping to…
Tankers expected to emerge as the “winners” of 2023 It seems that each calendar year since 2020 has each own…
Ports and Shipping Updates: Efficiency analysis – how do your ships stand up? Technology is expected to play a significant…
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…
Felixstowe port workers strike to compound supply chain woes Some 1,900 port workers have gone on strike from 21 –…
World’s longest green corridor planned between Singapore and Rotterdam Efforts are underway to form the world’s longest green corridor to…
Congestion shifts to US East coast ports Congestion at US West Coast ports hit the headlines last year as it…
Containers lost at sea increased 400pc in 2020 – 2021 According to figures from the World Shipping Council (WSC) 3,133…
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…
Carbon capture could be of interest to the maritime industry The nascent industry of carbon storage and utilization could be…
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…
Carbon neutral shipping – it all comes down to green hydrogen, and lots of it With decarbonisation much in the…
Shipping ton-mile demand increasing The current situation in the shipping markets has been favorable of increased ton-mile demand. However, the…
Russian seaborne lng exports reached 30.3mn tonnes The current situation in Ukraine is having a direct impact on the shipping…
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…
[box type=”info” align=”” class=”” width=””]Jesse Fahnestock Head, Research and Analysis, Global Maritime Forum Aparajit Pandey Associate, Energy Transitions Commission[/box] Zero-emission…
[box type=”info” align=”” class=”” width=””]This article is published in collaboration with IMF Blog Yan Carrière-Swallow, Pragyan DebEconomist, IMF Daniel JiménezResearch…
Baltic index falls as capesizes hit lowest in seven months The Baltic Exchange’s dry bulk sea freight index declined on…
Covid-era shipping stocks: the (super) good, the bad and the ugly Shipping stocks have never been for the faint of…
Banking and insurance services play a vital role in the economic development of any country. International trade, commerce and industry…
Interview with Fatima Zehra — Area HR Head, Maersk Pakistan PAGE: Briefly tell our readers about your successful journey? Fatima…
Designated ‘net-zero’ lanes could push the shipping industry to clean up its act The world’s ever growing global economy runs…
[box type=”info” align=”” class=”” width=””]This article is published in collaboration with Futurity University of Copenhagen,[/box] A new X-ray method has…
[box type=”info” align=”” class=”” width=””]Wim Naudé, University College Cork[/box] Much of the world has been left disappointed by the Glasgow…
Japan’s bunker supply expected to tighten in Nov Bunker fuel supply in Japan is expected to tighten in November as…
Greece wants ‘realistic’ EU Green policy for shipping EU shipping power Greece has told the European Commission that adding the…
[box type=”info” align=”” class=”” width=””]Stavros Karamperidis, University of Plymouth[/box] Several months ago, I warned that the crisis in container ships…
LNG shipping rates climb to multi-month highs on demand for vessels Freight rates to ship liquefied natural gas (LNG) rose…
Decarbonisation a defining financing factor Shipping companies that do not have a strategy to decarbonise are likely to be pushed…
[box type=”info” align=”” class=”” width=””]Simon Bullock, University of Manchester[/box] In the middle of this summer’s shocking fires and floods came…
Interview Hasan Faraz, Manager, Pakistan Area Customer Experience, Maersk PAGE: What does Customer Experience mean to Maersk? Hasan Faraz: Customer experience…
*The shipping industry in Pakistan is lagging far behind its neighboring countries *Gwadar is soon going to become the hub…
PIAC Performance Indicators Units 2017 2018 2019 2020 PIAC Fleet No. of Planes 36 32 32 30 Route Km 360,937…
Scrubbers for the future Almost as long as scrubber technology has been commercially available for shipping, questions have been raised…
[box type=”info” align=”” class=”” width=””]Anjan Ray Director, CSIR Indian Institute of Petroleum[/box] • On the current trajectory, sustainable fuels will…
Shipping moving towards zero-emission period More needs to be done, in order for shipping to transition to the zero-carbon era.…
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…
Newbuilding contracting picks up pace Proman Shipping announced signing for a further two firm 50k MRs, with delivery of both…
LPG shipping stocks – what lies ahead? The year 2021 has been volatile for the LPG shipping industry. VLGC rates…
Technology is paving the way for the future of shipping Digitalization in shipping shouldn’t be regarded as a thing for…
In the second half of 2020, Americans, trapped at home by the pandemic, started buying weighted blankets, Crocs, giant fleece…
Ports & terminals vs shipping lines: do investors favour the latter? With hindsight, it can easily be illustrated that even…
Checks and balances on container rates In shipping there have been clear winners and loser in the global war against…
Lockdowns hinder the demolition market once again The ships’ recycling market has sustained a halt over the past days, as…
Dry bulk market dynamics shifting Demand for second hand dry bulk tonnage has been rising of late, with shipowners’ focus…
Global Maritime Industry Scrap prices should rise in order to attract more tonnage says shipbroker An underwhelming demolition market has…
Lack of tonnage prevalent in the demolition market Alack of tonnage is becoming evident in the ship recycling market, as…
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…
Dry bulk market expected to rebound during 2021 The dry bulk market could be heading towards a renewed wave of…
The shipping industry is one of the most traditional sectors of the economy. As the time passes and technology improves…
Tanker market looking for direction post-OPEC+ Shipping is eagerly awaiting for the impact of OPEC’s decision in the oil market…
Shipping bodies call on Jeff Bezos to take a stand for stranded seafarers at industry round table The leaders of…
Newbuilding activity showing signs of “life” Most of the activity these days is centered around the S&P market, with ship…
Dry bulkers in demand Dry bulk carriers have been in high demand recently, as ship owners looked to capitalize on…
[box type=”info” align=”” class=”” width=””] This article is published in collaboration with Project Syndicate José María Figueres President of Costa…
– Country’s shipping industry tangled up in cumbersome regulations and a massive oversupply of vessels – Gwadar is an all…