This week’s chart highlights a notable decline in the quarterly vessel count for dirty tanker transits through the Red Sea, underscoring growing concerns over the region’s shipping activity. The 7-day Moving Average (left chart) shows a clear downward trajectory in the vessel count throughout the year compared to the previous year’s daily transits for key …
The International Chamber of Shipping (ICS) welcomes further progress achieved on developing a base text for amendments to the MARPOL Convention, to help ensure delivery of the International Maritime Organization’s (IMO) goal for international shipping to deliver net-zero greenhouse gas (GHG) emissions by or close to 2050. However, much more work still needs to be …
Strike action at ports on the US East and Gulf Coast ended last night, Thursday, after a new wage agreement was reached – but a backlog of more than 40 ships waiting to offload billions of dollars of cargo means the pain is not yet over. The International Longshoremen’s Association and the United States Maritime …
Agreement reached to end US port strike – but supply chains will take weeks to recover Read More »
As this week’s International Maritime Organization’s Marine Environment Protection Committee meeting (IMO, MEPC 82) comes to a close, the Clean Shipping Coalition urged the national delegations of countries that support ambitious climate action to properly resource and pick up the pace of negotiations to ensure that shipping’s climate pollution peaks and reduces in line with …
Shipping Climate Goals at Risk as IMO Fails to Take Improved Energy Efficiency Seriously Read More »
Shares in shipping companies fell heavily in Europe andAsia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected. In early trading in Europe, shipping group A.P. Moeller-Maersk MAERSKb.CO fell 7.7% to the bottom of the STOXX 600, while …
Shipping stocks battered after US port strike ends Read More »
Cash premium for 380-cst high sulphur fuel oil (HSFO) extended declines on Friday, hitting more than five-month lows. The premium was pegged below $4 a metric ton as offers softened further from the previous day. The market has taken a softer turn since the start of the month as it moves into the second-half October …
Asia Fuel Oil-HSFO cash premium slips to over five-month lows Read More »
Introduction to FuelEU Maritime Regulation The FuelEU Maritime Regulation is a cornerstone of the European Union’s “Fit for 55” package, a bold policy initiative designed to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels. This ambitious agenda is not just a step towards regulatory compliance but a vital pathway …
FuelEU Maritime’s Targets, Compliance, and Penalties Read More »
NYC-based software-as-a-service company OrbitMI is prioritizing data integrity with its Orbit vessel performance platform to deliver high-quality real-time data that can enable smarter voyage decision-making to boost efficiency, sustainability, safety and profitability. The reliability of maritime data is becoming increasingly critical for ship operations amid growing digital complexity as the industry becomes more data-driven, fuelled …
Carretillero/a Reach Stacker (Contenedores) Jornada Tiempo completo Tipo de contrato Indefinido Experiencia De 2 a 5 años Localidad Palafolls Num. Vacantes 1 Referencia 4061B651-BAC8-7D58-EEEB-4B9B4FE450C3 ¿Tienes experiencia en el manejo de carretillas Reach Stacker o Carretilla Elevadora para Contenedores? ¿Quieres formar parte de una empresa líder en el sector logístico? ¡Esta oferta es para ti! Desde …
Shares of Moller-Maersk slumped more than 8% on the Friday market open as European shipping companies fell on the conclusion of a U.S. port strike. A major union for U.S. dockworkers and the United States Maritime Alliance on Thursday brokered a tentative deal on wages and extended their existing contract through Jan. 15 to provide …
Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks Read More »
