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.

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.

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.

Privately owned dry cargo operator Clipper Group has had two financially strong years in dry bulk market. An influx of cargoes from customers in the overheated container market has contributed, tells Clipper Group’s CEO in an interview with 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.