On March 29, 2021, President Biden announced his ambitious plan to deploy 30 gigawatts (GW) of offshore wind power – enough energy to power 10 million U.S. homes – by 2030. The plan would leverage authorities under the Department of Interior…
The Headwinds of US Offshore Wind Development Read More »
Norway-based Skarv Shipping Solutions announced it has signed a contract with China’s Huanghai Shipbuilding for the construction of four 7,000 dwt, low-carbon, multipurpose vessels, with an option for four more.The first vessel will be delivered in the…
Skarv Orders Four Short-sea MPVs from Huanghai Shipbuilding Read More »
The global fleet of tankers and bulkers has grown substantially over the course of the past decade, both as a result of newbuildings, but also due to the delay in decommissioning older tonnage. In its latest weekly report, shipbroker Xclusiv said that …
Global Fleet Grows by at Least 30% Over the Past Decade Read More »
Uncertainties over the future supply and cost of carbon-neutral fuels are compelling reasons for shipowners, ports and other stakeholders to consider all technology options for reaching net zero. DNV’s latest Maritime Forecast to 2050 includes case stu…
Can CO2 capture and nuclear get ships to net zero? Read More »
The end of September traditionally marks the end of the peak season as China moves into their one-week Golden Week holiday. It is by now very clear that the peak season was a dud from the container lines’ perspective. The Asia-to-Europe trade was essen…
FBX Index October 2023: The market at a crossroads Read More »