Shipowners see ammonia and hydrogen as the most attractive fuel options for the long term, according to an ABS survey. Nearly 60% of respondents said they viewed hydrogen and ammonia as the most attractive fuel choices in the long-term.The survey…
Shipowers See Ammonia, Hydrogen as Best Long-term Fuel Options -Survey Read More »
UK-based engine manufacturer Cox Powertrain said its purpose-designed 300hp CXO300 diesel outboard engine has entered production following several years of development and testing.Production will commence in Cox Powertrain’s headquarters and assembly a…
Cox’s Diesel Outboard Enters Production Read More »
A ray of light could be emanating from the Southeast Asian peninsula over the past week, despite the recent extension of lockdown measures. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “the week has once again ended with lo…
Ship Recycling Industry Should Restart in the Next Few Days Read More »
Increased regulatory requirements and market trends around sustainability and the environment have been impacting shipping companies for many years and new requirements continue to be introduced, such as the IMO 2050 target for the reduction of GHG emi…
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to work in China is not enough to support the market. Demand drivers and freight rates The dry bulk shipping m…
Dry Bulk Shipping: No Quick Recovery For The Dry Bulk Market As Covid-19 Digs Deeper Read More »