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Ports are critical infrastructure worldwide, serving as a gateway to international and regional commerce. They will need to adapt under-projected sea level rise of up to 40 centimeters between 2020–50, risks of physical damage from extreme weather and climate, and changing maritime needs and trade dynamics. Necessary infrastructure upgrades and expansions will take capital. Otherwise, ports risk damage and resulting […]
The European maritime industry is powerful: the three world leaders in maritime transport are European. Its shipbuilding industry has the capacity to build all types of warships and naval drones, with world-class companies also operating in this sector which equip Europe’s major navies and have expertise that is highly valued on the export market. In a predominantly sea-based globalisation, Europe’s […]
The path to zero‑carbon shipping is clearer than ever, but urgent steps are needed before the International Maritime Organization reconvenes in October. In a joint report, Fortescue has partnered with the Green Hydrogen Organisation to set out four essential actions to make the IMO’s Net-Zero Framework a reality. These involve: Maintain momentum and expand the coalition – Keep global support […]
A rapid rebound in container demand due to the tariff pause on the China-US route, is causing an early and intense peak season. Rates are on the rise and are expected to continue increasing from the second half of June. Transpacific capacity is projected to rise sharply in the next 4 weeks, with carriers adding extra loaders, resuming services, and […]
Over the past decade, policies and regulations aimed at fostering maritime decarbonization have progressed significantly, evolving from energy efficiency requirements such as Ship Energy Efficiency Management Plan (SEEMP) and Energy Efficient Design Index (EEDI) to more ambitious recent measures like the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) which came into force in January 2023. These […]
The Sea Cargo Charter is pleased to present the fourth Annual Disclosure Report. This report comes at a crucial point shortly after the International Maritime Organization (IMO) agreed on the industry’s first global binding policies to deliver on its emission reduction targets. Source: Sea Cargo Charter
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