This week at MarineLink…The IMO 2020 Sulfur Cap essentially ushered in a new type of fuel – VLSFO. With it came the engine problems caused by off-spec or incompatible fuels as producers grappled with the requirement for providing a sulfur content not e…
Greener Fuels, Cleaner Fuels? Read More »
Sanctions target third-largest bank, which has been involved in ship finance and shipbuilding
US leaves no major Russian bank unsanctioned in finance clampdown Read More »
Feasibility study latest step in Indian insurance plan to avoid restrictions under the sanctions regime
India pushes for P&I club as it builds a shield for international sanctions Read More »
The latest COP29 proves that there are large forces at play, when it comes to the economy’s decarbonization. In its latest weekly report, shipbroker Xclusiv said that “COP29, which began on 11th November 2024 and will continue until 22nd November 2024 …
Decarbonization on the Forefront Read More »
“The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y. The capesize market has benefited from a 1% increase in shipments so far in November compared to October …
BDI still down 10% despite recovery in capesize demand Read More »