Know your wood – Sustainable Shipping

Know your wood – Sustainable Shipping
Potential impact on shipping Cargo ships regularly carry wood as cargo or to secure cargo (e.g. as dunnage). Consequently, large quantities of wood are transferred into and out of the EU each day. Wood may be discarded by Stevedores, require sorting by crew and be...
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Asia Fuel Oil-VLSFO benchmarks log weekly declines

Asia’s benchmarks for Very Low Sulphur Fuel Oil (VLSFO) logged weekly declines as of Friday, a sign that the market has started to pare back following its recent rally. Spot premiums for cargo and marine fuel have both weakened. The drop was steeper in the delivered...
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Baltic index en route to weekly fall as capesize dips

The Baltic Exchange’s main sea freight index fell on Friday and was on its way for its first weekly decline in five weeks on Friday, pressured by a dip in the capesize segment. The overall index, which factors in rates for capesize, panamax and supramax shipping...
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