Skip to main content

Finance & Markets

IMO Net-Zero Framework: FMC Oversight and Shipping Act Implications for U.S. Maritime Trade

The International Maritime Organization’s (IMO) proposed Net-Zero Framework (NZF) represents an ambitious international effort to decarbonize the maritime sector. The initiative establishes a target of achieving net-zero greenhouse gas (GHG) emissions from international shipping by or around 2050. The NZF is the first in the world to combine mandatory emissions limits and GHG pricing across ...

hellenicshippingnews.com ·3h ago

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Tankers: VLCC Market on the Rise

Clean LR2 The TC1 75kt MEG/Japan index jumped 209 points this week to WS785 returning around $232,000/day on a Baltic round trip basis.

VLCC market surges 209 points to WS785 on TC1 75kt MEG/Japan index
TC20 90kt MEG/UK-Continent index increases 66% to $16.5 million
TD3C route from Gulf of Oman to China rises 21% to WS821.11

3h ago ·hellenicshippingnews.com

Americas Aframax rates surge to record high as shipowners regain upper hand

Aframax freight rates for the Vancouver-China route reached an all-time high on Sept. 10 as shipowners seized on tight tonnage amid strong global demand.

3h ago ·hellenicshippingnews.com

THINK Ahead: We’re forecasting fewer rate hikes than markets. Could we be wrong?

After this week’s hawkish antics at the ECB, markets are pricing in loads more rate hikes, with no cuts in sight. At ING, we’re not convinced.

3h ago ·hellenicshippingnews.com

Asia-US container rates mixed, remain pressured by congested Asian ports, persistent demand

Rates for shipping containers from east Asia and China to the US were mixed this week but continue to face upward pressure amid congested Asia ports and persistent demand, evidenced by rate increases…

Asian US container rates mixed, still pressured by Asian port congestion
CMA CGM to impose $4,000/FEU peak season surcharge Oct 1st
Rates at highest since mid-2022, 2% increase Shanghai to LA

3h ago ·hellenicshippingnews.com

Dry Bulk Market: Capesize Steadying After Recent Gains

Capesize The market experienced a mixed week, with the Pacific providing the main source of volatility while the Atlantic remained comparatively steady, albeit lacking consistent momentum.

3h ago ·hellenicshippingnews.com

Europe’s investment gap: why millions of savers remain on the sidelines

Contrary to popular belief, Europeans have only recently turned into the super-savers they are often portrayed as. But another widespread assumption holds true: A much smaller portion of their…

3h ago ·hellenicshippingnews.com

More from Sunday 13 September →