VLSFO bunker supply remains tight in Singapore due to an ongoing shortage of blends, and with lead times standing at 9-11 days out. Similarly, HSFO380 stems require up to 12 days ahead in the port, while LSMGO availability is better in the bunkering hu…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
After a positive start to the new year, newbuilding ordering activity has slowed down during the past few days. In its latest weekly report, shipbroker Allied noted that “overall activity in the newbuilding market has seemingly taken a small step back …
Newbuilding Orders Slowdown to Moderate Pace Read More »
The decarbonization of shipping – responsible for 3% of global greenhouse gas (GHG) emissions but more than 80% of global trade – is rapidly moving up the agenda, for policymakers and industry alike. Last autumn more than 200 organizations from the mar…
How green corridors can enable the transition to zero-emission shipping Read More »
For international shipping to decarbonize, zero-emission fuels need to become the dominant fuel source by the 2040s. However, there is an urgent need for the development of policies that can close the competitiveness gap and accelerate the maritime zer…
After a long “hiatus” period, things are starting to heat up in the ship recycling market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “increased optimism has returned to the market this week with various reports that the r…
Ship Recycling Market Starts Heating Up Read More »