China’s green methanol boom faces an uncomfortable reality check
Shenergy executive reveals why expanding production capacity is not enough to win over shipowners
China’s green methanol boom faces an uncomfortable reality check Read More »
Shenergy executive reveals why expanding production capacity is not enough to win over shipowners
China’s green methanol boom faces an uncomfortable reality check Read More »
Cosmoship-owned feeder vessel locked in for two years as Italian operator adds call in Thessaloniki
A number of newbuilding orders were reported over the past week. In its latest weekly report, shipbroker Banchero Costa commented that “newbuilding activity this week was broad-based, with significant contracting across the container, tanker, bulk carr…
Shipping: More Newbuilding Contracting This Week Read More »
Shipping is responsible for around 10% of EU ETS emissions but pays almost 20% of the ETS bill. Unlike other sectors, it has never received free allowances. The new Sustainable Maritime Alternative Propulsion (SMAP) mechanism is a chance to reinvest pa…
At the end of September, a 15-year-old VLCC was valued above a newbuilding for the first time at USD 139.2 mil for 310,000 DWT, compared to USD 138.7 mil for newbuilding vessels. The move is part of a wider inversion of the age curve; a five-year-old V…
Secondhand VLCCs Now Valued Above Newbuildings Read More »