‘Back to square one’ as older VLCCs turn negative again
Brokers and analysts say owners would be losing money taking charter levels on offer in the Middle East
‘Back to square one’ as older VLCCs turn negative again Read More »
January 2022
Newbuilding Orders Slowdown to Moderate Pace
After a positive start to the new year, newbuilding ordering activity has slowed down during the past few days. In its latest weekly report, shipbroker Allied noted that “overall activity in the newbuilding market has seemingly taken a small step back …
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How green corridors can enable the transition to zero-emission shipping
The decarbonization of shipping – responsible for 3% of global greenhouse gas (GHG) emissions but more than 80% of global trade – is rapidly moving up the agenda, for policymakers and industry alike. Last autumn more than 200 organizations from the mar…
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New Getting to Zero Coalition report: Policy measures can make zero-emission shipping commercially viable
For international shipping to decarbonize, zero-emission fuels need to become the dominant fuel source by the 2040s. However, there is an urgent need for the development of policies that can close the competitiveness gap and accelerate the maritime zer…
Italian tanker named in Peru oil spill caused by waves from Tonga eruption
Authorities open investigation after spill during operations involving Fratelli d’Amico-owned ship
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