The Baltic Exchange’s dry bulk sea freight index declined on Wednesday, pressured by lower rates across the capesize vessel segment, recording its lowest level since June. The overall index, which …
Shipping
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Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say. …
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Cargo
Moscow Eyes Ban on Foreign Ships Carrying Russian Fuel via Northern Sea Route
by adminby adminRussia is considering banning foreign vessels from shipping Russian energy cargoes via the Northern Sea Route, as well as from icebreaking and coastal navigation, the Kommersant newspaper reported on Tuesday …
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Shipping companies under pressure to cut emissions by 50% by 2050 will struggle to find alternative energy sources that completely reduce their carbon footprint, says maritime training provider Stream Marine …
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Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffic and fueling inflation well into …
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The Panama Maritime Authority has signed a Memorandum of Understanding (MoU) with Japan-based Class NK on cyber security. The Panama Maritime Authority, aware of the role that maritime transport represents …
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Cargo
White House Lauds Easing of Supply Chain Clogs, Cites Shipping Competition Concerns
by adminby adminThe White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was needed to ensure fair competition in …