Returning to Suez and rates: the shipping contract conundrum
Shippers negotiating new contracts this year face a major rates dilemma as the maritime industry ...
There has been a gradual transition in the way the shipping sector perceives decarbonisation. In the recent past, it was more of an aspirational ideal to which only lip service was paid. This was due to there being no commercial incentive to act, coupled with a lack of recognition of the significant carbon footprint of the shipping sector on the environment, climate and society.
However, the sector is now committed to a decarbonisation trajectory. Policy intervention and consumer and commercial pressures ...
European port congestion now at five-to-six days, and getting worse
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