The ship recycling markets have remained in limbo over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling markets across the major destinations continued to face a ch…
Ship Recycling Market Still in Limbo Read More »
The decreasing trend in the number of Capesize ballasters in the South Atlantic supports the recent signs of a rebound in C3 market rates. This week’s charts reveal a notable surge in Capesize freight market rates for the Brazil to North China ro…
Dry Weekly Market Monitor : Capesize Ballasters View Vs Baltic Rates Read More »
A new study by UCL Energy Institute on the relationship between financing terms and climate performance of shipping companies reveals a troubling trend of green financing. The research paper in a sustainability journal shows that a ship’s carbon intens…
PowerCell Group has secured an approval in principle (AIP) from classification society DNV for its methanol-to-power solution. The system integrates a methanol reformer from RIX Industries with the PowerCell Marine System 225, recently launched…
Methanol Reformer and Fuel Cell System Gains DNV AIP Read More »
Survitec, a provider of survival technology solutions, has welcomed recent fire safety guidance from classification society DNV but warns that additional steps are necessary to ensure methanol-fuelled vessels are fully fire-safe.In a study published in…
Survitec Urges Fire Safety Reform for Methanol-fueled Vessels Read More »