Yearly Archives: 2022
World Shipping Outlook Worsens on Lower Box Freight Rates
Fitch Ratings’ deteriorating sector outlook for global shipping primarily reflects significantly weaker profits in the container segment due to normalising freight rates, while prospects...
ICEYE & EMSA To Enhance Maritime Operations Through Satellite Imagery
ICEYE, the global leader in satellite persistent monitoring of the planet and an expert in natural catastrophe solutions, has announced the start of a...
DNV Predicts A Strong Future for LNG-Fueled Ships
The advisory division of leading class society DNV Maritime sees good times ahead for LNG dual-fuel vessels, even if today's high gas prices support...
China’s Travel Rule Relaxation Means More Cargo Space on Planes
China eased COVID restrictions Wednesday following protests and economic pain from lockdowns.
More flights to and from China could make sending packages from...
UK Firms See Energy Costs Doubling When Government Support Ends
UK businesses expect energy costs to more than double next year when a government support package comes to an end, reports Bloomberg.
Doubling Energy Costs
A...
China’s Trade Suffers The Worst Slump Ever
China's exports worst since Feb. 2020, miss forecast
Imports fall steepest since May 2020 on sluggish demand
Global economic slowdown, China's COVID woes...
Light Growth To Be Seen In UP World LNG Shipping Index
Notably, the UP index remained at its all-time high and confirmed the growing trend.
Nevertheless, only three companies can say of significant increase:...
INTERCARGO Statement On IMO Ambitions
INTERCARGO Statement on IMO Decarbonisation Ambitions, Medium-Term Measures and Carbon Intensity Indicators
A challenge
INTERCARGO continues to fully support the ambition to achieve net zero emission...
A Sliver Of Opportunity For IMO’s Decarbonization Policy
As the IMO is revising their GHG strategy in 2023, one working group discussed how the maritime industry can help push for more...
World’s Poorest Countries’ Debt Interest Payments Rising Sky High
Report’s author, the World Bank, states concern over poor countries’ increasing spending on debt.
Social unrest was the likely consequence if poor nations...