LONDON : “China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials
LONDON : “In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5
LONDON : “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU
TOKYO : ClassNK has released new features for its GHG Emissions Management Tool, “ClassNK ZETA (Zero Emission Transition Accelerator)”. ClassNK ZETA is a tool for visualizing GHG emissions and
LONDON : BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from 1 January 2024. Ivø joined BIMCO in early
AMSTERDAM : This year, the Future International Trade (FIT) Alliance has been busy in its continued pursuit of the digitalisation of international trade. From a far-reaching declaration with more than 100 signatories, to
LONDON : One month ago, a series of unprovoked attacks on merchant ships began in the Southern Red Sea, Bab El-Mandeb, Gulf of Aden and the Arabian Sea.
LONDON : Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with 2022 and
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping
LONDON : The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the