Page 109 - Intelligence Limited News Today

With new capacity entering the market, carriers have few tools at their disposal to increase rates. However the gap between supply and demand may not be as bad as forecast

Industry anxiety grows as EU ETS draws near | EU makes final ETS clarifications ahead of implementation | Euronav charts new course with Alexander Saverys at the helm

Ships will start paying for CO2 emissions on voyages that include an EU port from 1 January 2024, while preparations are ongoing amid new clarifications from the European Commission on implementation

More than half of Crew Connect conference participants in Manila would not encourage children to follow in their footsteps of a career at sea

Red Sea transits unavoidable for Suez Canal users and even a rise of a fraction of a percentage point could add hundreds of thousands of dollars to cost of a trip

The reluctance of governments to target Russia’s grain trade with sanctions has enabled the expansion and growth of its operations

High-risk Israel-linked vessels receiving Red Sea naval support | Israeli owners may face war risk rate hike after car carrier capture | Cosco leasing head Liu Chong caught in China’s anti-graft dragnet

Until now carriers have been largely protected from the impact of restrictions on the Panama Canal. But new cuts to transits are likely to see further surcharges and delays

Shortage in competent seafarer talent is driving up wages across all ranks, however, basic crewing requirements are still falling short of the mark, survey finds

Renewal round will see lowest percentage price increases in four years