Owners of EU-flagged ships will now be able to dispose of vessels for recycling at demolition yards on the Indian subcontinent provided that they meet European Union Ship Recycling Regulation (EU SRR) criteria. This follows an agreement by the European Union (EU) and...
There’s a lot at stake for container lines’ 2024 bottom lines in the last few weeks of 2023. If lines can’t push up spot rates very soon, next year’s annual contract rates will reset much lower versus this year’s. That scenario — which would have a very negative...
