Author Archives: Kalees Thavamani

Brazil and Norway Partner to Launch Green Shipping Corridor

Brazil and Norway have formalized a groundbreaking agreement to create a green shipping corridor between the two nations. Signed by Brazilian Ports and…
Continue reading

IMO Advances Talks on Greenhouse Gas Reduction in Shipping

The International Maritime Organization (IMO) has taken a step forward in its efforts to reduce greenhouse gas (GHG) emissions from shipping. The Intersessional…
Continue reading

Container spot rates fall as carriers engage in price war for cargo

Container spot freight rates on major east-west trade lanes declined again this week as subdued demand and intense competition among carriers drive pricing…
Continue reading

Suez Canal traffic shows signs of recovery amid Red Sea stability

The Suez Canal Authority (SCA) has observed a slight revival in shipping activity, with 47 vessels choosing the canal over alternative routes since…
Continue reading