shipping
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News
“The repercussions of the Ukraine-Russia conflict on the Shipping companies earnings and War risks insurance”
The prolonged war between Ukraine and Russia has notably impacted the shipping industry with substantial disruptions in maritime trade routes,…
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Decarbonization
COSCO SHIPPING’s shipping service company CHIMBUSCO introduces two new marine methanol fuel bunkering group standards
On the afternoon of September 25, China Marine Bunker (PetroChina) Co., Ltd. (CHIMBUSCO), a prominent shipping service company under COSCO…
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News
Shipping Market’s Prospects Look Rosier Despite Challenges
Despite the challenging environment, under which the shipping industry must operate today, prospects for tankers and to a lesser degree…
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Decarbonization
Bold global action needed to decarbonize shipping and ensure a just transition: UNCTAD report
The Review of Maritime Transport 2023 urges swift action and system-wide collaboration to decarbonize maritime transport amid growing carbon emissions…
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Decarbonization
Enova grants to Yara Clean Ammonia projects – bringing us closer to emission-free shipping
The maritime sector accounts for about 2.8% of all global greenhouse gases (GHG) emissions. Clean ammonia can be used as…
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Decarbonization
Three Japanese Shipping Companies Partner to Establish Global Liquefied Hydrogen Supply Chain
On September 12 2023, Japan Suiso Energy, Ltd. (JSE)*, and three Japanese shipping companies, Kawasaki Kisen Kaisha, Ltd. (“K”LINE), Mitsui…
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News
Loss prevention measures must adapt as shipping innovates, say IUMI
Shipping continues to innovate in terms of vessel capacities, greener technologies and more modern operating practices. At the same time,…
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News
For exporters, container shipping still far from pre-COVID ‘normal’
Container rates for U.S. imports have normalized. Rates for America’s exports have not. Both spot and contract rates for U.S.…
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News
Panama drought and its impact on bulk shipping
The Panama Canal, a key player in global shipping, faces a dire crisis due to an unprecedented drought, casting shadows…
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Decarbonization
COSCO SHIPPING signs Memorandum of Cooperation on the Construction of a Green Methanol Industrial Chain
On September 20, China COSCO SHIPPING Corporation Limited (COSCO Shipping), State Power Investment Corporation Limited (SPIC), Shanghai International Port Group…
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