Why are fuel prices increasing?

July 25, 2018 /

Fuel prices are on the increase again, which is liable to have a considerable impact on the freight industry. Fuel is now at its highest cost since 2014, and the main reasons for this are the war in Syria, Iranian tensions and biofuel for renewable energy increases. As a result, pump prices and bunkering have…

The environment and Arctic Shipping

July 4, 2018 /

Mariners have known about short cuts to the Pacific via the Arctic for a long time. The Northern Sea Route (NSR), north of Siberia, was discovered 300 years ago, and the Northwest Passage (NWP) has been on the map for more than a century. Although these routes are much shorter than the traditional trading routes from…