Over the years, global energy systems have come to be very large andconnected. The situation in Europe has demonstrated how sensitive energy availability and prices are even to a regional conflict. In particular, since Russia is a major energy supplier to the world...

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DNV and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers, have launched a feasibility study to develop a commercial framework for orders of green-fuelled newbuilds to decarbonize the sea transport supply chain in the Baltic and...

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Drewry’s composite World Container Index increased by 0.7% to $2,135.16 per 40ft container this week. Our detailed assessment for Thursday, 05 January 2023 The composite index increased by 0.7% this week, the first increase in 43 weeks, but has dropped by 77% when...

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The Baltic Exchange’s dry bulk sea freight index extended its decline to hit a near four-month low on Thursday, weighed down by weaker demand across vessel segments as shipping activity remained low. The overall index, which factors in rates for capesize, panamax and...

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Iran and Russia have signed a contract for building a cargo ship for the Caspian Sea port of Solyanka, Iran’s Press TV reported on Wednesday. According to the report, the Russian side will manufacture a cargo ship for Iran to be used at Solyanka, which is located in...

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