Yearly Archives: 2024
Europe Secures A Major Win For Planes And Ships
Europe voted into law the world’s largest green fuel mandates for planes and ships in 2023, known as ReFuelU Aviation and FuelEU Maritime.
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Inland Waterways And Major Ports Experienced 8% And 6% Growth In April-Nov Period
Cargo movement through inland waterways increased by 8 percent, reaching 86.47 million tonnes from April to November.
Ports handled a total of 15,285...
Maersk’s Red Sea Pause Challenges Global Trade
Maersk's Red Sea shipping pause challenges U.S.-led Operation Prosperity Guardian against Houthi threats.
Global trade impacted as ships divert routes, causing equipment imbalances.
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Louis Dreyfus & CSSC Wuchang’s Green ROROs For Airbus
Louis Dreyfus Armateurs partners with CSSC Wuchang Shipbuilding for three wind-assisted ROROs commissioned by Airbus.
Scheduled for 2026, these vessels aim to cut...
Baltic Index Surges And Dips Amid Global Shipping Challenges
Baltic Dry Index dips 0.1% as panamax and supramax vessel rates fall, despite capesize segment gains.
Capesize index reaches a two-week high, but...
The Emerging Role Of Green Steel In Shipping
Decarbonising shipping is about more than fuel. “The more we focus on fuels, the more non-fuel related greenhouse gas (GHG) emissions will become relevant,”...
LNG Stocks Experience Minor Correction After Significant Gains
Last week, the UP World LNG Shipping Index (UPI) lost 3.48 points or 2.15%, closing at 158.67 points. This index tracks the performance of...
HMM Launches The Cutting Edge Digital Supply Chain Carbon Calculator
HMM has introduced the Supply Chain Carbon Calculator, a cutting-edge digital platform empowering customers to gain comprehensive visibility into their carbon footprint throughout the...
BMCT Sets The Standard For Green Terminals In India
In a pioneering move towards sustainability, Bharat Mumbai Container Terminals Pvt Ltd (BMCT), managed by Singapore-based PSA International, has emerged as India's inaugural fully...
Major Shipping Companies Reevaluate Routes
A surge in maritime incidents, including missile attacks and hijacking attempts, has prompted a comprehensive investigation into security concerns along the Red Sea. The...