VLCC rates surge 19% in a day to reach 28-month high
Market sentiment and futures market point to more gains as TCE earnings reach highest levels since 2020
VLCC rates surge 19% in a day to reach 28-month high Read More »
October 2022
Hungary’s New Container Terminal Aims to Boost Ukrainian Grains Shipments
Europe’s largest land-based container terminal started operating near Hungary’s border with Ukraine on Tuesday, aiming to increase shipments of Ukrainian grains via Hungary to Adriatic ports.The East-West Gate terminal, built at a cost of about 40 bill…
Hungary’s New Container Terminal Aims to Boost Ukrainian Grains Shipments Read More »
Mind the 2030s green energy gap, Martin Stopford warns
Veteran shipping analyst calculates it will take 36 wind turbines to provide sufficient green methanol for a container ship newbuilding
Mind the 2030s green energy gap, Martin Stopford warns Read More »
Cruise Industry Making Headway Toward Net Zero
The global cruise industry continues to make progress as it works to achieve its goal of net-zero carbon cruising by 2050, though the need for development and deployment of sustainable marine fuels remains.The 2022 Global Cruise Industry Environmental…
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Carnival offers $1.25bn in bonds as it faces $35bn in Covid-19 debt
New York-listed cruise giant’s shares jump almost 11% by Tuesday’s midday trading
Carnival offers $1.25bn in bonds as it faces $35bn in Covid-19 debt Read More »