Using VesselsValue data, George Delaney, Cargo Analyst, has highlighted the various factors that influenced the Newbuild market of 2021, including movement restrictions during lockdown, geopolitical uncertainty and the ongoing shift towards greener shi…
2021 Newbuilding Orders Rise by 32.7% Read More »
Data-driven operational efficiencies on existing ships will be necessary to achieve emissions cuts required to reach IMO targets. But a proliferation of new digital solutions in recent years has resulted in an “overwhelming” software market that is dif…
The main trend in the newbuilding market this year, has been following the same line as in 2021. This means that container ships and LNG tanker are the main ship types in demand. In its latest weekly report, shipbroker Intermodal said that “the newbuil…
Container Ships and LNG Tankers Are Dominating the Newbuilding Market Read More »
However it’s sliced, at best the oil market faces a mid-cycle slowdown and at worst an end-cycle recession. That was the sobering message from John Kemp, senior market analyst at Reuters, speaking at the Baltic Exchange Tanker Market Insights Webinar a…
Tanker market faces crunch time Read More »
Ship watchers in ports around the world are beginning to wonder: What are those funny-looking structures on the deck of some vessels? Tall columns looking like over-dimensioned funnels, or appendages reminiscent of airplane wings? They are looking at m…
More commercial ships utilize wind technologies to cut emissions Read More »