Resumption of payments to shareholders believed to be the first such return of capital since 2015
Dividend resumption ‘a sign of confidence’ in offshore rig market, says Barclays Read More »
Order worth $200m placed with Chinese yard for vessels destined for domestic trades
Ningbo Ocean pens order for eight feeder container ships Read More »
As technology feasibility continues to grow for methanol as a marine fuel, the main challenges for the industry’s adoption of it are investment and community readiness, according to a new report from Lloyd’s Register (LR).The report, “Fuel for Thought:…
Renewable Production Needed to Make Methanol a Viable Marine Fuel -LR Read More »
Demand for “green” ships is expected to boom over the coming years, already prompting the reopening of decommissioned shipyards, especially in China, while yard utilization percentages are also on the rise. In its latest weekly report, shipbroker Inter…
Shipbuilding Industry Entering a New Growth Era Read More »
On 7 July 2023, after two weeks of intense negotiations, the member states of the International Maritime Organization (IMO) unanimously adopted the 2023 IMO Greenhouse Gas Strategy. This landmark agreement replaces the 2018 Initial Strategy and signifi…
A new climate deal for shipping: Three decades to zero Read More »