Shipping industry behemoths are actively joining forces to reduce their environmental impact. It’s a move which could have major implications for shipping moving forward. In its latest weekly report, shipbroker Gibson said that “whilst we all know that…
Shipping Gets Together to Reduce Emissions Read More »
Capesize The Capesize market continued to decline this week, albeit at a more gradual pace, as tonnage demand has become lacklustre to close out the year. The end of the week brought about a small uptick of +244 to settle the Capesize 5TC at $14,421, p…
Dry Bulk Market: Capesize Segment Still Under Pressure Read More »
Expected rise in demand for carbon-neutral LNG under decarbonisation goals pushes the sector to reduce CO2 emissions, driving advancement in LNG shipping. Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to…
LNG inching towards carbon neutrality Read More »
Crews safe following two more incidents as threat ramps up off West Africa
Risk ‘critical’ after Torm and Union Maritime tankers attacked by pirates Read More »
Greece’s Sea Pioneer Shipping denies talk it is behind a contract for the product carriers
Dae Sun Shipbuilding lands $142m order for up to four MR tankers Read More »