EU Eyes Fresh Russia Sanctions: Price Caps and Blacklists on the Table
Member states struggle to pass the 18th sanctions package.
Floating price cap might not necessarily pressure Urals.
Uncertainty over whether the US plans...
Iran Poised to Close Strait of Hormuz, Warns Ex-IRGC Commander
Iran parliament member says Hormuz closure militarily prepared.
Hormuz closure could imperil at least a fifth of the world's oil supplies.
Iran has completed...
Red Sea Crisis Triggers 45% Surge in Container Shipping Emissions
EU Container Shipping CO₂ Output Soars Amid Route Disruptions.
Rerouting Around Africa Adds 18 Million Tons of CO₂ in 2024.
Container Shipping Hit...
Five Armed Robbery Incidents Reported in Asia from 8–14 July
Singapore Strait Sees Continued Spike in Ship Robberies.
Belawan Anchorage Incident Involves Tied-Up Watchmen.
94 Incidents Reported in SOMS Since January 2025.
Between July...
WSC Seeks to Align EU ETS with IMO Net Zero Goals
WSC urges EU ETS alignment with IMO Net Zero Framework.
Avoiding dual regulation can strengthen competitiveness, coherence, and global decarbonization.
Strategic opportunity to...
Greek Tankers Surge in Russian Oil Trade Despite Sanctions
Greek Tankers Dominate Russia Oil Trade Despite Sanctions.
Sanctioned Vessels Still Active in Russian Oil Shipments.
Falling Oil Prices Fuel Greek Expansion in...
EU Ports Delay Shore Power, Fueling Ship Emissions
Only 20% of the Required Port Electrification is completed.
Ships Still Burning Fossil Fuels While Docked.
Cruise Ships Emit Six Times More Than...
T&E Pushes for Overhaul of EU ETS to Accelerate Maritime Decarbonisation
EU ETS and IMO Framework Must Work Together, Says T&E.
T&E Urges Inclusion of Smaller Ships in EU ETS.
Ferry Route Exemptions Should...
GMS Reports Market Turmoil Driven by Tariffs
Trump’s tariff deadline passes with no response, triggering market volatility.
Ship recycling sector sees rising steel prices but sluggish vessel supply.
New regulatory...
LNG Shipping Stocks Steady as Market Awaits Seasonal Breakout
LNG shipping stocks remain steady amid low holiday trading.
European spot rates rise while Asian rates decline
Market holds firm as investors await...
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APLICATIONS
World Container Index 299% Higher Than a Year Ago
Drewry’s composite World Container index remained steady at $10,377.19 per 40ft container.
Our detailed assessment for Thursday, 23 September 2021
1. The composite index remained stable...
