Container demand growth is losing some momentum amid mounting headwinds, but carriers will continue to rake huge profits, according to Drewry’s latest Container Forecaster report. Fast rising inflation, ongoing supply chain bottlenecks and the Omicron …
Drewry: More muted growth, but higher carrier profits forecast in 2022 Read More »
A copper deficit is set to hit trade and the energy transition hard by the end of the decade, according to Rystad Energy. Global demand for the pink metal will outstrip supply by more than six million tonnes by 2030, unless investment in mining is subs…
Copper investment needed to ensure supply Read More »
The long-expected year-end recovery in dirty tanker spot freight rates failed to materialize in December, as lockdowns at the end of the year and softer Chinese buying limited tonnage demand, OPEC said this week, in its latest monthly report. On averag…
2021 Ends With Tanker Market in Dire Straits Read More »
On 14 January 2022 the European Parliament’s Rapporteur, MEP Peter Liese, published his draft report on a proposal to revise the Emissions Trading System (ETS) Directive¹ which forms part of the ‘Fit for 55’ package of climate and energy reforms publis…
A Greener And More Ambitious EU Maritime ETS Emerges Read More »
As we head towards IMO2050, there is no doubt that the future of shipping will comprise a mix of fuel solutions and the shipping industry will need all of them to meet future fuel demands. We believe LNG has an important role, along with bioenergies an…