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Maersk introduced a €23 per dry teu ETS surcharge on the east Asia to north Europe route during the first quarter based on an ETS price estimate of €82 per tonne of CO2
Capacity shortages and strong demand have propped up freight rates and will do so for another quarter. But beyond that, the looming threat of overcapacity remains, even if the Red Sea crisis continues
Edda Wind was founded by Østensjø, which says it has ‘mixed feelings’ about selling its remaining stake in the offshore wind company
Freight assessments from Argus Media highlight challenges facing Western regulators in enforcing the G7 price cap on Russia’s oil and shipping sector
Container lines faced two years of overcapacity as deliveries swamped the market. But diversions around Africa have proved the need for buffer capacity in the market