The ship recycling market has maintained its subdued activity over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye remain subdued…
Ship Recycling Activity Still Subdued Read More »
Every day, Offshore Support Vessels (OSVs) generate vast amounts of operational data, from fuel consumption to emissions tracking, operations/activities, vessel positions engine maintenance and performance metrics etc. Yet much of this valuable informa…
Standardising data to unlock efficiency in the OSV sector Read More »
Over the past several weeks, the Supramax freight market has witnessed a remarkable recovery, particularly on the Baltic Exchange’s S8 route — which covers South China via Indonesia to East Coast India, a key corridor for coal shipments. Recovery Timin…
Dry Weekly Market Monitor: Supramax S8 Route Surges Amidst Tightening Tonnage Supply Read More »
In a period when shipbuilding capacity should be expanding rapidly to cater for the vast decarbonization needs of the shipping industry, disruptive policies by the US could prove damaging to the overall market. In its latest weekly report, shipbroker X…
Shipbuilding in the Crosshairs of US Policies Read More »
In 2023, the International Maritime Organization (IMO) adopted a revised strategy that aims to reduce greenhouse gas (GHG) emissions from international shipping to net-zero by or around 2050. The strategy includes indicative checkpoints targeting a 20%…
Vision 2050: Fuel standards to align international shipping with the Paris Agreement Read More »