The ship recycling market is still experiencing muted sentiment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India, “the market remained relatively strong during most of the week, though it s…
Ship Recycling Subdued Last Week with Prices Retreating Read More »
Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery. June marked the lowest monthly volume of the year at around 35 million tonnes, but by August exports had rebounded to nearly 48 million tonnes, surpassing …
Dry Bulk Shipping: Indonesian Coal Flows Gradually Rebound Read More »
The transportation industry is one of the highest emitters of greenhouse gases — and among the most primed for change — but the journey to decarbonize remains complex. Stakeholder collaboration will be critical in making sustainable fuel mainstream in …
Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption Read More »
Newbuilding ordering activity rose last week, with more owners contracting vessels. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, Greek company Danaos Shipping placed an order of 2 x 7,500 teu carriers to Ch…
Newbuilding Orders On the Rise Read More »
The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to a new progress report. The fourth annual report of its …
2030 Shipping Goal At Risk Despite Historic Progress Made By IMO: New Report Read More »