Researchers at the UCL Shipping and Oceans Research Group have launched the Net Zero Framework (NZF) Impact Tracker which looks at the potential changes in maritime transport costs and the price of traded goods for 136 coastal countries and compares these changes against the costs of climate change anticipated by 2050. The countries covered by the tracker include 26 Least Developed Countries and 36 Small Island Developing States. Building upon methods developed during the International Maritime Organization (IMO)-led Comprehensive Impact Assessment, it combines UN Comtrade data with 4th IMO GHG Study activity data to estimate NZF economic impacts on more […]

Maersk experienced a significant hike in its Q3 bunker bill caused by a 49% increase in average bunker prices over the period, however this cost rise was offset to some degree by a 6.3% drop in bunker consumption, supported by a partial return to vessel transits through the Suez Canal. In Q3, Maersk paid $2.1 billion for its marine fuel, a $565 million increase from the $1.5 billion paid in Q3 2025. For the first nine months of 2026, bunker costs totalled $5.6 billion, versus $4.7 billion across the same period in 2025. In Q3, the average bunker price was […]

Green shipping is high on the agenda for a Danish business delegation arriving in India this week, and the schedule will include visits to both APM Terminals Mumbai and the Mazagon Dock shipyard Danish-operated ships made more than 3,000 calls at Indian ports in 2025 and Danish shipping is seeing growth in India across several segments, including container, dry bulk and tanker shipping. Green shipping is also a central element of the Green Strategic Partnership established between India and Denmark in 2020 Denmark’s Minister of Business and Competitiveness Martin Lidegaard is leading the visiting delegation and he explained that India […]