Author Archives: 20Cube

Turkey set to close EU loophole with its own emissions trading scheme

Turkey is advancing its carbon pricing system, similar to the EU Emissions Trading System (ETS), which will prevent shipowners from using Turkish ports…
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Supply chain logjam ease as market balance returns

Freight forwarder Dimerco reports that the Purchase Managers' Index (PMI) held steady at 50.9, indicating growth. However, S&P Global Market Intelligence noted a…
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Panama Canal introduces new booking system for large vessels

The Transit Booking System updates were announced through an Advisory to Shipping. Currently, transit slots are offered daily in advance of the required…
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Panama Canal to permit 36 daily transits by September 2024

The Panama Canal is set to accommodate 36 transits per day starting in September, bringing it closer to maximum operating capacity. The canal…
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