Boxships dominate newbuilding contracting
Flush with cash, boxship owners are heading for a record year of ordering activity
Governments agree new CO2 reductions but only until 2027
Critics have warned such rates will mean emissions will keep growing, but supporters claim it will help the IMO attain a key 2030 CO2 intensity target.
Container demand frenzy sends rates to new highs, again
Box freight rate indices hit new highs as Asia-Europe route approaches $6,000 per teu.
China leads rebound in 2021 newbuilding deliveries
Combatting Covid-19 with containers
Box shipping can provide a vital supply chain for vaccines but will need to work closely with manufacturers to meet regulatory compliance requirements.
Sometimes, no publicity really is bad publicity
Panamax, capesize rates push Baltic Dry Index to five-month high
The Baltic Dry Index, a measure of shipping health for bulk carrier reached five months high of 2,017 points up 22.2% as compared to the beginning of the month driven by higher panamax and supramax charter rates.
Wärtsilä says scrubbers could store CO2 emissions
Finnish marine tech company says scrubber technology is mature enough to use for more than only trapping sulphur emissions.
Speculative boxship ordering returns as financial buyers eye sizzling container trades
Institutional investors advised by JP Morgan Asset Management UK are reported to be behind an order for 15,000 teu containerships that are not linked to a charter commitment.
Shipping will need to manage uncertainties as pandemic recedes
Container lines have shown very ‘active, agile, flexible management of capacity’ during the pandemic, says Credit Suisse head of European Transport Neil Glynn.
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