Significant box market slowdown in September – freight rates still declining
The container market, which for several months has been cooling down after two years with record earnings, has waned even further in September, accelerating the decline in freight rates, according to new figures from Clarksons Research.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.