The COP26 summit in Glasgow in November highlighted the increasing pressure for all industries, including the shipping industry, to decarbonize. The challenge for the Australian petroleum industry and other major users of deep-sea shipping will be to s…
Industry partnerships key to decarbonizing the commodity value chain Read More »
The edible oil trade’s supply chain is under heavy stress, as a result of the war in Ukraine, with prices on the rise and a subsequent food crisis on the horizon. In its latest weekly report, shipbroker Intermodal said that “the Russia-Ukraine war has …
Edible Oil Supply Chain Under Heavy Stress Read More »
World GDP is forecast at 3.3% for 2022, down from 5.8% in 2021 and with little improvement predicted for 2023. That’s on the back of displacement and destruction – “two massive blocks” – in Ukraine and Russia’s isolation from the world economy “f…
Significant deceleration’ to stunt demand Read More »
We find ourselves in an era of unprecedented change and transformation. Rather than change being constant, as some would suggest, it may be accelerating for many of us instead. Collectively we face a growing obligation to make a bigger contribution tow…
Beware of binary thinking – a single alternative fuel may not be the panacea some seek Read More »
With tonnage supply lacking, compared to demand, ship owners looking to scrap their older vessels, should be able to take advantage of favorable market conditions. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “all markets re…
Ship Recycling Market Favorable for More Scrappings Read More »