The ports of LA and Long Beach experienced the busiest month so far in May, with continued prospects for high activity as US demand for goods does not seem to decline, estimates Bimco.

From 2005 to 2019, the effective tax rate was only 7 percent in the shipping industry. Alphaliner expects that maritime organizations will work to ensure that tonnage tax systems are not affected by the consequences of the G7 countries' new proposal for a global corporation tax of 15 percent.

E1 Marine, owned by tanker company Ardmore, among others, will promote hydrogen as a fuel for shipping with a technology expected in the market within a year, says managing director to ShippingWatch. Other players have already written off the alternative fuel.

Much seems to indicate that one of the two smallest models will be proposed for EU's CO2 quota system and that the large ETS system is no longer on the table. The industry should not expect the money to return however, according to ShippingWatch's information.

Coal is in high demand in China, and by all appearances, the appetite for coal will not abate in the coming months, benefiting dry bulk operators. Norden and Lauritzen note how the Chinese coal policy – in addition to its import ban from Australia – serves to strengthen an already strong market. Clarified.