Serge Picard knew next to nothing about sailboats, beyond having mucked around in one at a summer camp in Quebec many moons ago, prior to commencing an internet search that eventually led to Guillaume Le Grand, a Breton who was raised around sailboats in northwest...

Read More

The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the waterway, its authority said. The third driest year in the canal’s history reduced...

Read More

Rates for shipping containers from east Asia and China to the US fell this week, but carriers have announced an increase in blank sailings so they can tighten capacity and maintain a floor on prices. Rates have been falling steadily since July as importers pulled...

Read More

The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains resulted in record high carbon emissions in Q3. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon...

Read More

The EU’s FuelEU Maritime regulation, set to take effect in January 2025, looks set to further shake up the industry, as it continues on its path to net zero. As part of the EU’s Fit to 55 package, FuelEU aims to accelerate the decarbonisation of maritime operations...

Read More