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Shipsandshipping News

 

Headwinds for the Poseidon Principles

Mar 21, 2023

The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment Protection Committee (MEPC) will consider revising the UN agency’s strategy on greenhouse gas emissions from ships. Moving on from a current target to reduce CO2 emissions from ships by at least 50% by 2050…

Chinese Export Container Rates Plunge 27%

Jan 04, 2023

The bad news for liner operators appears to have no end. In a normal year, the weeks leading up to Chinese New Year (CNY) bring an increase in volumes and freight rates. So far, however, the lead-up to CNY in 2023 has been the worst in 13 years…

Logistics News

ABS, U.S. DOE to Advance Maritime Nuclear Technology

ABS, U.S. DOE to Advance Maritime Nuclear Technology

Russian Wheat Export Costs Rise, Increased Shipments Buffer Domestic Price Drop

Russian Wheat Export Costs Rise, Increased Shipments Buffer Domestic Price Drop

Baltic Index Reaches More Than Seven Week Low

Baltic Index Reaches More Than Seven Week Low

Paris Wheat Rises As Algerian Purchases Tender, Hope of Black Sea Peace Fades

Paris Wheat Rises As Algerian Purchases Tender, Hope of Black Sea Peace Fades

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