Container lines have many tools available to root out bad rogue shippers misdeclaring dangerous goods. But until now there has been no way to share information with rivals

Containers, cruise and car terminal all contributed to positive result

Carriers have seen the summer’s rally in transpacific and Asia-Europe freight rates quickly lose momentum, and the picture is further complicated by weak freight demand outlook and an upcoming influx of newbuilds. Meanwhile, lessors have seen charter rates slipping after holding up ‘remarkably well’, despite box market downturn

Industry reps at Marine Money Asia are optimistic shipping can meet the IMO’s goals by 2030 if the industry can work together collectively

Newbuilds burning bio-methanol will reduce shipping emissions by more than 50%, but the cost is three times higher than the conventional fuel, says chief executive Shmuel Yoskovitz. He also pins high hopes on the so-called ‘book and claim’ system to sustain the greener route

Container lines have many tools available to root out bad rogue shippers misdeclaring dangerous goods. But until now there has been no way to share information with rivals

Overcapacity and weak demand are leading to poor utilisation and falling rates. Normally that would see ships laid up, but not this time

While shipping companies traditionally reinvested profits in expanding and modernising their fleets, listed owners have increasingly been allocating their capital towards debt repayment and share repurchases in recent years amid strong cashflows, regulatory uncertainty and a lack of yard slots

The emergence of Chinese lessors coincided with the retreat of Western shipping banks after the 2008 financial crisis. Today, charting a new course may be more vital than ever, given the mounting market and geopolitical headwinds