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

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

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Tesla ordered to pay $329 Million by Florida jury in Autopilot crash
Data shows that Russian LNG exports dropped 4.5% on an annual basis between January and July.
Chevron CEO: Exports of Venezuelan crude oil to resume in this month