NYK LNG carrier snapped up by Gail (India) on five-year time-charter
Players seek to benchmark rates in tight market devoid of open tonnage on long-term basis
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November 2021
Tankers: Oil Market Fundamentals Finally Turning For The Better
In its latest weekly report, shipbroker Intermodal said that “following the COVID19 pandemic we’re at last facing some solid improvement on oil market fundamentals. Since Jan 2021, crude oil prices slowly started to climb the ladder lagging the rally i…
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The third pillar: a contractual architecture for maritime decarbonisation
In the run up to the UN climate conference – “COP26” in Glasgow, we are pleased to share guest author – Haris Zografakis’ thoughts on the need for a new contractual structure in shipping to immediately reduce GHG emissions rather than simply wait…
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MARPOL Annex VI: Ship decarbonisation – IMO strategy of 2018
In 2018, recognising that ships are one of the major contributors to global carbon emissions, the IMO (the International Maritime Organization) formulated a strategy for Greenhouse Gas (GHG) reductions in shipping. They expressed their vision in writi…
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New Fully Electric Hydrofoil Ferry Concept Unveiled
California-based marine technology startup Boundary Layer Technologies has unveiled a new fully electric hydrofoiling ferry concept design.Using the company’s proprietary hydrofoil technology and podded propulsion system, ELECTRA has a range of up to 1…
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