Balearia has reached an agreement with the owners of the Armas Trasmediterranea shipping company to acquire its business in the Canary Islands and Alboran Sea, as well as part of the Strait of Gibraltar, the majority of which has been acquired by the Danish shipping...

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China’s imports of seaborne thermal coal are poised to climb to the most this year in August while those of fellow top buyer India slump to a 3 1/2-year low. The diverging trends in the world’s two biggest importers of the fuel – used mainly to generate electricity –...

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Around 13,000 vessels reported their 2024 data on the EU MRV platform in compliance with the MRV guidelines. The CO2 emitted by these vessels in 2024 must be paid for by surrendering 40% EU Allowances (EUAs) for each tonne of CO2. The first due date for the shipping...

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In a period when global shipping is looking to undertake its most ambitious fleet renewal programme ever, as a result of the sector’s decarbonization process, shipbuilding is experiencing a major overhaul, as a result of US policies. In a recent weekly note,...

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In today’s uncertain and turbulent geopolitical and economic environment, Robert Blades, Global Commercial Sales Manager, Peters & May, highlights the increased level of technical research, preparation, loading expertise and industry insight required when managing...

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