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The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 2 points (from 64 to 62 the year before), marking a slow decline but possibly the beginnings of the stabilisation of global shipping portfolios. Top 40 Banks’ lending to shipping fell from $294.4bn in 2019 to $286.9bn in 2020. This ...
Guide to freight transportation and logistics. Freight shipping and cargo logistics via all modes of transport including forwarding, cargo, freight, trucking, air freight, cargo shipping, express freight, freight forwarders, intermodal, container companies, third party logistics providers, maritime, moving, storage, railroads, trucking, customs house brokers, steamship companies, transportation brokers, freight clearinghouses, leasing and capital equipment financing, shipment tracking, shipment tracing, shipment pricing
In the run up to the UN climate conference – “COP26” in Glasgow, we are pleased to share guest author – Haris Zografakis’ thoughts on the need for a new contractual structure in shipping to immediately reduce GHG emissions rather than simply waiting for regulation. Our guest author explains why climate activist Greta Thunberg would ...
Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
The global maritime industry is intensifying efforts to curb its carbon footprint, but the journey has just begun. Preparations, thus far, have borne some fruit, but challenges lurk, making the energy transition a daunting task. Shipping accounts for about 2.9% of global greenhouse gas emissions, according to the International Maritime Organization. Without mitigation, emissions could ...