As a crucial International Maritime Organization (IMO) meeting on reducing the shipping sector’s climate heating emissions closes with little progress made, the Clean Shipping Coalition expressed dismay at the lack of action and demanded greater ambition ahead of a...

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Rates for shipping containers from Asia to the US fell significantly this week on increased capacity, while spot rates for liquid chemical tankers were stable to softer. CONTAINER RATES Global average container rates continue to fall, dropping by 10% this week,...

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International maritime law firm Hill Dickinson has announced an alliance with Marshall Islands attorneys, Reeder Simpson & Magee (RSM). It marks the latest move in Hill Dickinson’s international growth strategy and expands the firm’s offshore legal jurisdictions...

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Clean LR2 Following on from the notable improvements MEG LR2’s stagnated this week. The TC1 75Kt MEG/Japan index subsequently floated around the WS125 level and TC20 90kt MEG/UK-Continent assessments paused around $3.4 million. West of Suez, Mediterranean/East LR2’s...

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The 18th Intersessional Working Group on GHGs has concluded with the GHG levy in combination with a Global Fuel Standard as the most favoured candidate mid-term measure for reducing GHG emissions from shipping, with majority support across the African participants,...

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