ECSA valora positivamente el documento sobre la competitividad de la economía de la UE que se presentó el 10 de septiembre El 9 de septiembre se publicó el esperado informe coordinado por el ex-primer ministro de Italia y ex-presidente del Banco Central Europeo, Mario Draghi, sobre la competitividad de la economía de la Unión Europea …
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was on its way to registering a weekly gain as higher rates across panamax segment offset losses in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 1 point …
Baltic index headed for weekly gain on panamax strength Read More »
This week’s analysis highlights the contrasting trends in dirty tonne days versus VLCC tonne days. The VLCC segment has experienced a noticeable decline since the end of the first quarter of this year, in contrast to the growth observed in dirty tonne days. This week’s special focus dives into the dynamics between dirty tonne days …
The IMO is expected to advance negotiations on what could be the world’s first universal carbon price (e.g. a levy) on a global polluter. This policy sees consistent, growing support among the IMO’s 175 member states. Governments agreed under the IMO’s 2023 Revised Strategy that shipping needs a ‘GHG emission pricing mechanism’, and to adopt …
Governments expected to close in on a global carbon price at UN talks next week Read More »
We know more about what the landscape for East-West container services will look like in 2025 after this week, but there is still plenty of uncertainty with the final network to be dictated by external events. The reshaping of container alliances and their East-West liner schedules for 2025 took a big step forward this week …
As the maritime industry accelerates efforts to decarbonise, the Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) is set to play a key role in reducing emissions from large container vessels. The potential demand for sustainable variants of methane and methanol for container vessels on the Rotterdam-Singapore route could reach up to 5 million tonnes per …
The shipping unit of Indonesia’s state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, the unit’s CEO Yoki Firnandi told the Gastech conference in Houston on Thursday. The expansion, aimed at reducing the average age of the company’s fleet, is set to include investment in vessels to …
Pertamina’s shipping unit to double tanker fleet in next 10 years Read More »
Watson Farley & Williams (“WFW”) advised BPER Banca S.p.A. (“BPER”) on a medium to long-term financing of up to approximately US$7.7m to Maltese company Red Coral Bulkers Ltd. (“Red Coral”) for the purchase of the bulk carrier “Archagelos Michael”. Archagelos Michael, originally under the Liberian Registry and currently registered by Red Coral in the Maltese …
WFW advises BPER on Red Coral bulk carrier financing Read More »
La Autoridad Marítima de Panamá (AMP) recibió entre enero y julio de este año 436 contratos de trabajo de marinos panameños, según las estadísticas del Departamento de Asuntos Laborales Marítimos de la Dirección General de la Gente de Mar (DGGM). A este respecto y dentro del marco de la XV Reunión del Comité de Embarque, …
Gente de Mar: Un recurso humano valorado a nivel mundial Read More »
The Isle of Man Ship Registry (IOMSR) has marked its 40th anniversary with an event in London as the Douglas based registry seeks to cement its position as one of the world’s most progressive flag states. The celebrations, which were attended by a host of key figures across the maritime industry, took place at the …
