With fuel surcharges set to increase sharply, a shipper lobby group has produced a toolkit to make extra charges more transparent

MPA has taken a tough stance against the tampering of mass flow meters, with magnets in particular singled out. Two operators have had their licences revoked so far this year

As shipping companies are forced to use more environmentally friendly fuel and reduce emissions, Russian refiners that produce excess heavy fuel oil could find their margins significantly squeezed

Weak rates present an opportunity for negotiation of base costs, but shippers are warned to expect higher bunker costs

Larger boxship players, which are better-placed to pass on higher fuel costs through bunker adjustment factors, may still need the buffer of excess liquidity as fuel costs are expected to rise

A number of large shipowners and at least five ports are interested in a new fuel product that utilises blockchain