After an extensive study project, Eco Marine Power (EMP) has today released some of the key findings related to the use of solar power on ships and the selection and installation of related equipment. This study was carried out over a 5 year period and…
Key Findings from Ship Solar Power Study Released by Eco Marine Power Read More »
The escalation of the trade war between the US and China is about to bring significant changes in crude ton/mile demand as US crude freights could soon be moving away from China and heading towards India, South Korea, Thailand and Taiwan. In its latest…
Tanker Market: US Oil Exports At the Epicenter of Trade Shifts Read More »
Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over $9.00 on th…
Dry Bulk Market: Things Are Looking Perky Read More »
Debatably, the short answer is, yes. She and other ships like her, as well as adapted modern cargo ships, will have to become the norm for trading goods across the ocean at the rate we do now if we want to see a sustainable future for the shipping indu…
CEIBA – Is She the Future of Shipping? Read More »
In its latest monthly report, OPEC commented on the tanker market, that during June, crude oil tanker market sentiment strengthened slightly as average spot freight rates increased on most reported routes, albeit at varying levels. On average, dirty ta…
Tankers: Slight Improvement in Market Sentiment During June Read More »