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Global carbon levy anticipated by 2027

The 81st session of the Maritime Environment Protection Committee (MEPC) concluded at the International Maritime Organization (IMO) signalled a probable introduction of a greenhouse gas…
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Restrictions at Panama Canal at ease with the arrival of rainfall

The weather forecasts showing copious rain heading Panama’s way is good news for many international shipping companies as for the last 11 months they had…
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Baltimore Bridge Collapse Sparks Concerns over Delayed Shipments, Increased Shipping Costs

The closure of the Port of Baltimore in the US due to the collapse of the Baltimore Key Bridge is anticipated to cause delays in…
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Norway to construct World’s first ammonia bunkering terminal

The Norwegian Directorate for Civil Protection has granted approval for the construction of the proposed ammonia bunkering facility at the Fjord Base in Floro, Norway.…
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Air Freight Rates Soar between India and Europe as Shippers Flock to Airways

The air cargo market from India to Europe has seen a significant increase in volumes this year, largely due to rising demand for apparel exports…
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LNG carriers are completely avoiding the Suez Canal, no transportation for 65 days

New data released by the United Nations Conference on Trade and Development (UNCTAD) reveals that no LNG carrier has traversed the Suez Canal in over…
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