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Shippers cry foul again as container rates approach pandemic peaks | Subsidies a must for EU emissions regulations to hit home | Scrubber premiums dwindle as fuel spread reapproaches Covid-era lows

A backlog of boxships waiting to enter the port of Charleston has swelled in recent weeks amid infrastructure improvement project and a days-long server issue

The shipping industry is one of the main targets of global decarbonization efforts, but a combination of factors is making that task an increasingly difficult one.

Congestion is unlikely to ease any time soon, amid the rising demand from the US and Europe, coupled with an early peak season, analyst says

More transit slots have been available since May 16 as the start of the rainy season eases water shortage fears

Geopolitical disruptions account for the bulk of growth in 2024, but this could reverse if trading patterns return to normal next year.

The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to... -May 29, 2024 at 01:03 am EDT - MarketScreener

The shadow fleet of tankers transporting sanctioned Iranian, Venezuelan, and Russian oil hinders efforts to reduce shipping emissions by using non-compliant, cheaper fuels. The growing fleet circumvents sanctions through deceptive practices, raising concerns about environmental impacts, safety, and regulatory enforcement. Authorities struggle to monitor and control these tankers effectively.

The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering

Spot rates for US containerised imports from Europe are falling far behind rates from Asia, China military drills around Taiwan remind traders of potential risks, and the head of the Indian Register of Shipping defends classing dark tankers