News Updates

Drewry expects few carriers to likely expand their buffer stock
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Drewry expects few carriers to likely expand their buffer stock

As the surge in container shipping grew in 2020 and 2021 carriers around the world were scrambling to find enough..

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China’s Exports Bounce Back
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China’s Exports Bounce Back

  China’s exports rose at the fastest pace in five months in June as factories revved up after the lifting..

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New orders still rising
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New orders still rising

For an alleged cartel accused by President Biden of ripping off Americans, the container shipping oligopoly is surely doing a..

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Scrambling to find New Oil Markets
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Scrambling to find New Oil Markets

In its latest weekly report, shipbroker Gibson commented that “this year’s events have been dominated by the Russian invasion of..

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Losing their Shine
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Losing their Shine

High-price freight contracts that were written when carrier capacity was tight and a rush to restock inventories was in full..

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India’s demand for costly oil imports is increasing
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India’s demand for costly oil imports is increasing

There is little sign that India will ease new windfall taxes on domestic oil production and fuel exports any time..

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Recognising Seafarers’ immense service
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Recognising Seafarers’ immense service

Whether it is pandemic or climatic changes, the one profession which never stops is seafaring. They work non-stop to keep..

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Actionable long-term decarbonisation pathways recommended
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Actionable long-term decarbonisation pathways recommended

This report takes a first look at China’s domestic coastal shipping sector and provides recommendations for actionable long-term decarbonization pathways..

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IRS and GRSE sign MOU to offer high-quality products, inspection and training services
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IRS and GRSE sign MOU to offer high-quality products, inspection and training services

Indian Register of Shipping (IRS) and Garden Reach Shipbuilders and Engineers Ltd. (GRSE) have signed a Memorandum of Understanding (MOU)..

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