All hands on deck: the challenge of decarbonising international shipping by 2050

With global maritime trade set to grow by around 50% by mid-century, we have analysed the outlook for global marine fuels in the context of International Maritime Organization (IMO) commitments to reduce greenhouse gas (GHG) emissions from international shipping to net zero by around 2050. A major milestone was reached in April as the IMO …

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Drewry: World Container Index – 21 Aug

For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes provided below, contact our ocean freight cost benchmarking team. Drewry’s World Container Index decreased 4% to $2,250 per 40ft container this week. Our …

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US issues sanctions on networks, vessels for dealing in Iran oil

The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said. The measures cover Greek national Antonios Margaritis and his network of companies and vessels that Treasury said was involved in …

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States can help US industry compete globally via decarbonized processes: experts

US state governments can use regulations, incentives and technical support to facilitate decarbonization of their industrial sectors to help them compete in a world economy increasingly focused on mitigating climate change, experts say. “The industrial sector is the backbone of the US economy from manufacturing to food processing to chemicals,” said Elina Vanuska, industrial decarbonization …

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Contecon Manzanillo expands global connectivity with WAN HAI service

Contecon Manzanillo, International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Manzanillo, Mexico, is enhancing its logistics offering with the introduction of WAN HAI Lines’ Asia-South America West Coast 2 (WSA2) service. The service made its inaugural call at Contecon on August 11 with the arrival of the vessel WAN HAI A16. Also …

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Grindrod reports resilient performance, exits non-core assets, and invests in core strategic assets.

Grindrod Limited (Grindrod) today announced its results for the six months ended 30 June 2025, reporting a resilient performance underpinned by its strategic focus on core operations. Despite global commodity headwinds, with sluggish prices in iron ore, lithium, graphite, and coal, Grindrod delivered solid earnings from its core operations. The Group attributes this resilience to …

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