2022 November 23
Lacklustre COP27 climate talks spark hope for ambitious IMO emission targets revision
Maritime representatives at the COP27 climate talks in Egypt emerged upbeat that shipping’s decarbonisation targets can be brought in line with wider global efforts...
Russia Launches New Nuclear Icebreaker as it Looks East for Northern Sea Route Shipping
In a well-orchestrated ceremony, Russia raised the flag on the newly completed nuclear icebreaker Ural while launching the completed hull of the sister ship Yakutia into the water nearby...
China continues to gain significant shares in global ports
Cosco Shipping Ports Limited is a leading ports operator which aims to build a global terminal network with controlling stake...
2022 December 6
Tectonic changes are underway in the global shipping market: freight rates for containers are falling, those for tankers on the rise. Russia is working towards organizing deep sea routes to China and other Asian countries as well as towards redirecting oil exports.
Dynamics varies in tanker and container markets