To negotiate better terms and to counter monopoly of the 'oil sellers club' i.e. OPEC - India and China are discussing the possibility of forming an ‘oil buyers club’ with an eye at getting more US crude oil to Asia to cut dominance of the oil block.
https://t.co/E3zv72zxFR
In a much-awaited move, Indian Shipping Ministry eased the Cabotage rule to allow global container lines to operate along the Indian coast. This shall reduce dependence on neighbouring foreign hubs and help India to set up its own transhipment hubs.
https://t.co/rgA8MFTAnq
The maritime industry used to be hostile to environmental pressure, but going green is increasingly being seen less as a burden and more as an opportunity, not just ethically but also commercially.
https://t.co/kp7W8ICnrf
The collaboration will look for ways to use AI to improve shipping network operations and achieve efficiencies within OOCL’s business. The project is expected to nurture over 200 AI developers over the next 12 months.
https://t.co/KQ6CeCqD46
ShipTrails™(https://t.co/JQRmmyvC7c) is a digital marketplace, offering brokerage/commission free - automated “click & match” platform; developed to simplify the ship/cargo searching requirements for SnP and Chartering transactions.
#shipbroking#SNP#chartering#shipcharter
After years of contentious talks, IMO finally agreed last week to rein in emissions from shipping. After a tense two weeks negotiations that went down to the wire, 170 countries agreed on last Friday to halve shipping emissions by 2050, compared to 2008. https://t.co/HwyrIxQ3he