Ammonia engine delays prompt Eastern Pacific to switch dual-fuel newcastlemax bulkers to LNG
Shipowner takes ‘precautionary move’ on half of a series of bulkers on order due to problems with development of engines
December 2024
Ship Recycling Market in Sea of Calm
The ship recycling market has remained in a sea of calm, with low activity. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week in the recycling markets was characterized by stability and sub…
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The Shipping Industry Can Help Carbon Capture Sail Ahead
Carbon capture, utilization, and sequestration (CCUS) is shaping up to be an important decarbonization lever owing to its ability to tackle emissions in hard-to-abate sectors. The value chain involves transporting the CO2 that is captured from large st…
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Grey zone aggression targets global shipping – WTW
The availability of advanced weapons and the willingness of certain states – particularly Russia and Iran – to disregard international maritime laws, has put vessels, undersea cables, and offshore oil installations under increased risks one leading bro…
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TUI touts ‘very strong performance’ as cruise earnings surge
Dividends from TUI Cruises expected to return to pre-pandemic levels next year
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