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

Yemen's Mocha Port Halts Operations After Houthi Attacks

Yemen's Mocha Port Halts Operations After Houthi Attacks

Automation is Optimizing US Logistics

Automation is Optimizing US Logistics

Sheskharis Terminal Pauses Loadings Following Drone Attack

Sheskharis Terminal Pauses Loadings Following Drone Attack

European Wheat Rises as Black Sea Disruptions Persist

European Wheat Rises as Black Sea Disruptions Persist

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Sources say that the Sheskharis terminal in Russia's Black Sea halted loadings following a drone attack.
Governor says that fire effects have cleared at the Russian port of Ust-Luga following a drone attack
Oil spillage off Oman is threatening to cause a disaster as two slicks are seen in the Gulf