A new study by UCL and UMAS, which analyzed ship movements between 2018-2022, found that optimizing port arrivals to consider port congestion or waiting times could reduce voyage emissions by up to 25% for some vessel types.The average potential…
Optimizing Port Arrivals Could Slash Voyage Emissions Read More »
The tanker market shouldn’t be particularly impacted by OPEC’s latest decision moving forward. In its latest weekly report, shipbroker Gibson said that “OPEC+ made the seemingly inevitable decision to roll over production cuts for another 3 months, ack…
Tanker Market and OPEC’s Latest Decision Read More »
Capesize The Capesize market faced a challenging week, with the BCI 5TC steadily declining, shedding $3,909 across the week to close at $12,727, reflecting subdued sentiment and oversupply of tonnage in both basins. While the Pacific saw intermittent i…
Dry Bulk Market: Capesize Market Faced a Difficult Week Read More »
Awareness of cyber risk and investment in cybersecurity have grown rapidly. THE RATE OF ATTACKS IS INCREASING RAPIDLY Cyber criminals have the maritime industry in their sights. DNV’s new survey of industry professionals finds that one in three (31%) e…
Cybersecurity moves up the maritime agenda Read More »
Wallenius Marine is conducting advanced wind tunnel tests aimed at realising the world’s first wind-powered pure car and truck carrier (PCTC).The tests are being carried out in Gothenburg, Sweden, at one of Europe’s most advanced wind tunnels…
Wallenius Marine Tests Wind-Powered PCTC Design Read More »