GST 2.0 and India’s Logistics Sector: From Reform to Resilience

GST 2.0 and India’s Logistics Sector: From Reform to Resilience Summary The 2017 roll-out of the Goods and Services Tax (GST) fundamentally reorganised India’s movement of goods — cutting checkpoints, speeding up truck turnarounds and enabling a shift from many small state warehouses to large regional hubs. That first wave lowered distribution costs, accelerated e‑commerce […]

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Steady Insurance Markets For Hull And Cargo In 2024 But Offshore Energy Business Is Challenged – Headwinds Loom For All Markets, Reports IUMI

Steady Insurance Markets For Hull And Cargo In 2024 But Offshore Energy Business Is Challenged – Headwinds Loom For All Markets, Reports IUMI Summary The International Union of Marine Insurance (IUMI) presented its 2024 market analysis in Singapore. Global marine insurance premium income reached USD 39.92 billion, up 1.5% year-on-year. Cargo remains the biggest line […]

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Tanker Market: Russian Crude Remains at the Forefront

Tanker Market: Russian Crude Remains at the Forefront Summary Shipbroker Gibson’s latest weekly report highlights the continued resilience of Russian crude exports despite fresh Western sanctions, a lower EU price cap and higher US tariffs aimed at countries buying discounted Russian barrels. Preliminary Kpler data puts exports from western Russian terminals at roughly 2.15 mbd […]

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Capesize Market Experiences Market Shift Last Week

Capesize Market Experiences Market Shift Last Week Summary The dry bulk complex saw mixed sentiment over the week with an early subdued tone, a midweek softening and a recovery into the close driven largely by Atlantic activity. Capesize: The Pacific remained supported by miner and operator activity, with C5 trades largely around $9.95–$10.00. South Brazil […]

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Dry Bulk Shipping: Vietnam Can Add Momentum

Dry Bulk Shipping: Vietnam Can Add Momentum Summary A shipbroker report from Intermodal outlines a mixed 2025 outlook for the global iron ore market: subdued demand in China is trimming imports, while major new and expanded supplies from Guinea (Simandou) and Brazil (S11D) are coming online. Against that backdrop, Vietnam’s newly announced infrastructure programme — […]

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Switching safely to low-GHG fuels and technologies

Switching safely to low-GHG fuels and technologies Summary The maritime sector is shifting towards lower-GHG fuels (LNG, methanol, ammonia, hydrogen and biofuels) and onboard carbon-capture systems. This article outlines the safety, design and operational measures needed to manage the distinct risks of each fuel type and to enable future fuel flexibility. Early risk assessment and […]

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Ship Recycling Still Looking for Solid Ground

Ship Recycling Still Looking for Solid Ground Summary The ship recycling market remained weak and largely unchanged over the week. Best Oasis reports subdued demand in India, soft recycled-steel prices in Bangladesh, growing HKC-compliant yard numbers in Pakistan but disruption from floods, and a stagnant picture in Turkey. Intermodal adds that HKC-compliance hurdles and a […]

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