Caroz Market Update: CO2 Emissions & Rates

Europe’s Maritime Sector Shatters Records: CO2 Emissions Soar to New Highs. Discover the shocking truth behind Europe’s maritime sector, as it breaks all-time CO2 emission records. But that’s not all – the container shipping industry faces rough seas with plummeting rates and unmatched service reductions. 

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CAROZ’s eye opener:

It’s disheartening to witness the record-breaking levels of CO2 emissions from ocean freight in 2022. However, on a more positive note, we are seeing a growing adoption of sustainable solutions within the industry. It’s only a matter of time before we start to witness a decline in these emissions over the years. Ultimately, our goal should be to make the industry as sustainable as possible.

Furthermore, it’s concerning to observe that shipping companies are potentially forced to operate below their cost price due to the low spot rates, and there’s an expectation that they may drop even further. Consequently, we are witnessing an increase in blank sailings as a strategy to boost prices somewhat. The upcoming Golden Week is a prime example of this trend, with an anticipation of more blank sailings being

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Each monthly update we will highlight the developments within the Ocean freight market including the following topics:

  • Trending topic: CO2 Emissions & Rates
  • Rail & Air | Asia – Europe
  • Space & rate developments
  • Port developments & congestion
  • Freight Indices & Container Availability
  • How to mitigate risks

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