Slow steaming not the way to reduce emissions, 'check the ship's systems'
Despite being highlighted by the International Maritime Organization’s carbon intensity indicator (CII) index, slow steaming ...
Here’s the rub – the EU wanted to introduce its emissions trading scheme (ETS) for aviation last September; which raised huge fears of a massive trade war between it, the US and China. So the commission put it into the abeyance folder in the hope that UN aviation body ICAO could develop a global agreement for this September. Fat chance of that – don’t those Brussels bods know that the UN works at a slower pace than continental drift? Trouble is, without an ICAO proposal EU law demands that its own ETS be enacted if ICAO failed to come up with the goods – and so the cloud of a trade war is once more on the horizon, prompting frenzied diplomatic activity in Washington and Brussels.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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