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.

Activity has started to decrease in one business area in particular, says CEO of Scan Global Logistics, which must get through the coming period by way of a broad portfolio.

Rising energy prices in Europe will present the green shift with headwinds in the short term, but they might in the end see the shipping sector moving away from fossil fuels more quickly, says Global Maritime Forum Chair Jan Dieleman to ShippingWatch.

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

As part of sanctions targeting Russian oil, the European Union is apparently contemplating restrictions on shipping activities, potentially prohibiting EU ships from carrying Russian oil sold above an agreed limit.