Offshore Industry Sends Urgent Call To EU Policymakers For Fit-For-Purpose EU ETS And MRV Framework
LR Tankers: Freight Squeezes Naphtha Arb
A shift has been underway in the naphtha market as a result of the war in the Middle East. In its latest weekly report, shipbroker Gibson sa…
Dry Bulk Shipping: Capesize Market Rebounding
Capesize The market gathered momentum through the week, with improving sentiment and stronger fixing activity across both basins driving a b…
Asia-US container rates mixed as capacity tightens, import demand slows; tanker rates mostly higher
Rates for shipping containers from east Asia and China to the US were mixed this week as capacity on the trade lane is expected to tighten s…
Can carriers avoid overcapacity in 2027?
Earlier this week, Drewry hosted one of its regular webinars examining the outlook for the container shipping market and the forces shaping …
US suspends Chinese vessel port fees for 2 months, will accept public comment
The US Trade Representative (USTR) will take public comment through 30 October and is suspending the implementation of port fees for Chinese…
LNG Carrier Prices Fall to $245 Million, Threatening Korean Shipbuilders' Margins
Prices for high-value vessels, including liquefied natural gas (LNG) carriers and ultra-large container ships, have begun to decline despite…
How Smuggling Networks Use the Same Tactics as Sanctions Evaders
The Problem Is the Same, So the Playbook Is the Same A vessel carrying crude loaded at a sanctioned terminal and a vessel carrying cocaine l…
Panama Canal Revises Transit Booking System and Updates NetZero Program Requirements
The Panama Canal has updated the criteria for reallocating transit slots that are canceled or become available during booking periods 1A and…