The ships’ recycling market has been on the up lately, as a lack of vintage tonnage has prompted more price increases. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the Diwali festivities set for next week, the lac…
Lack of Available Tonnage Pushes Demolition Prices Past the $600/LDT point Read More »
As the world considers the harsh realities highlighted by COP26, INTERCARGO warns that shipowners can deliver the target of net-zero emission shipping by 2050 but only with an acceleration in the commercial development of relevant technologies, fuels, …
Achieving 2050 zero-emission shipping: Global challenges require global solutions Read More »
October 2021 was, to all intents and purposes, a month without major developments. This might seem like an odd statement as the market was highly out of line with the pre-pandemic normality and supply chain disruptions were hitting the headlines of not…
FBX Index: No material market change Read More »
The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 2 points (from 64 to 62 the year before), marking a slow decline but possibly the beginnings of the stabilisation of global shipping portfolios. Top 40 Banks’ lending to …
Global Shipping Finance Portfolios Begin to Stabilize Read More »
A massive scaling up of finance for research and development is essential to achieve zero carbon emissions by 2050, says report by International Chamber of Shipping and global engineering, environmental and strategic consultancy Ricardo. A Zero Emissio…