Author name: admin

No improvements in real-world containership efficiency despite investments in greener ships

Europe’s container ships pollute as much per container as they did six years ago, new EU shipping data shows. T&E calls for stricter efficiency measures to ensure shipping companies sail slower and invest in energy saving technologies like wind. According to the EU’s latest shipping data, emissions fell slightly in 2023 compared to the year …

No improvements in real-world containership efficiency despite investments in greener ships Read More »

Another tariff curveball from Trump – this is how shippers can prepare for a chaotic and unpredictable 2025

Donald Trump’s announcement on Monday of an additional 10% tariff on all China imports and 25% from Canada and Mexico is a warning to shippers over the unpredictability and chaos awaiting in 2025. During the election campaign, Trump vowed 60% tariffs on all imports from China and up to 20% from the rest of the …

Another tariff curveball from Trump – this is how shippers can prepare for a chaotic and unpredictable 2025 Read More »

Tankers: VLCC Market Takes a Hit

Clean LR2 LR’s in the MEG saw a welcome uptick in activity and freight levels this week. Although rates have not climbed aggressively, sentiments have remained strong. TC1 75kt MEG/Japan hopped up 18.33 points to WS119.44 and for a run on TC20 90kt MEG/UK-Continent the index improved $268,125 to $3.36m. West of Suez, Mediterranean/East LR2’s …

Tankers: VLCC Market Takes a Hit Read More »

Panama launches expedited cancellation of six vessels on UK Sanctions List

The Panama Maritime Authority (PMA) has initiated the expedited cancellation of six Panamanian-flagged vessels recently added to the United Kingdom’s Consolidated List of Financial Sanctions Targets. These actions are being carried out under the authority of Executive Decree 512, issued on October 18, 2024. This legal framework allows the PMA to promptly revoke the registration …

Panama launches expedited cancellation of six vessels on UK Sanctions List Read More »

Scroll to Top