(www.MaritimeCyprus.com) The shipping industry is currently in an ongoing transition towards decarbonization. Many market actors are accentuating their focus on modern and greener ship designs, operations, alternative fuels, energy efficiency and carbon capture technologies. Green financing, environmental, social and governance (ESG) reporting and European Union (EU) taxonomy are just a few examples of mechanisms that […]

National Security Advisor Ajit Doval has said that in the current complex and challenging geopolitical situation, it’s necessary to focus on maritime security. He said, “he trajectory of this nation is well defined, we know where we’re going. And when our time comes, India will not be able to become the power it deserves to […]

It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June. Following on the heels of a record 30.1% hike in May, this now means rates stand 169.8% higher than this time last year, with just two months of declines in the last […]