IMO Favors Full ‘Well-To-Wake’ Accounting for Emissions
Shipping executives and NGOs hail movement toward including upstream carbon in industry’s greenhouse gas footprint, but some nations favour gradual approach, reports TradeWinds.
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30 Crude Oil Tankers With An Interesting Affiliation
Following the article in The New York Times on oil tankers chartered by U.S.-based companies still transporting millions of barrels of oil out of Russian ports, we decided to check who these companies were...
BIMCO COVID19 Weekly Report – 18 March 2022
This BIMCO COVID 19 weekly report for the week ending 18 March covers the International Maritime Organization (IMO), Myanmar, Russia, Ukraine, United States, Tokyo MoU and the latest from the International Labour Organization (ILO)...
How Are National Electricity Grids Coping Up With Ukraine Crisis
As Western nations look for ways to reduce their reliance on Russian oil and gas, another aspect of the Ukraine crisis has received less attention: Most of the 32 countries that use nuclear power...
Sacked Seafarers Stage Protests
P&O Ferries staff are staging protests after the firm sacked 800 employees without giving them any notice, reports BBC.
The firm, which transports passengers and freight, sails major routes including between Ireland and Britain and...
China’s Busiest Ports Face A New Round Of Bottlenecks
Cargo ships are accumulating at one of China’s busiest ports after another Covid-19 outbreak shut down factories and warehouses in Shenzhen.
It is raising the prospect of a new round of bottlenecks that...
Market For Carrying Containers On Bulk Carriers Grows Rapidly
The market for carrying containers on bulk carriers is rapidly growing on the back of record freight rates.
But there are many considerations operators need to make before carrying these boxes.
A recent news...
Drewry’s Composite World Container Index Decreases by 3.8%
A recent news article published in the Drewry states that Drewry’s composite World Container Index decreased by 3.8% to $8,832.23 per 40ft container this week.
Composite index decreases
The composite index decreased by 3.8% this week,...
Spot Rates Fall, Ocean Carriers To Blank More Sailings
Container spot rates continued their decline this week across most Chinese export routes, prompting ocean carriers to blank more sailings.
The Ningbo Containerized Freight Index (NCFI) today recorded falls on all but five...
MOL To Partake In ‘J Blue Credit’ Carbon Offset
A recent news article published in the MOL states that MOL to Participate in 'J Blue Credit' Carbon Offset for Supporting Restoration and Conservation of Seagrass Meadow - Offsetting CO2 Emissions from Repositioning World's...