The ship recycling market remained in a downtrend over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling markets across South Asia and Türkiye remained su…
Ship Recycling Markets Still Downbeat Read More »
FuelEU Maritime comes into force in January 2025 and wind propulsion is currently the only technology with a reward factor under the regulation. Vessels will be credited using such technologies by reducing the GHG intensity of energy used onboard. Evid…
Business case for wind propulsion improves as decarbonisation rules kick in Read More »
On November 25, BIMCO released its much-anticipated clause for Time Charter (T/C) Parties under the FuelEU Maritime Regulation, marking a critical step toward industry alignment with decarbonization goals. As we review the clause and engage in discussi…
OceanScore reviews BIMCO FuelEU Clause for Time Charter Parties Read More »
Newbuilding ordering activity has remained strong over the past week, while deals have sped up on the S&P front as well. In its latest weekly report, shipbroker Banchero Costa said that “the number of contracts reported slowed, although activity wa…
Newbuilding Spree Continues Read More »
The share of Chinese coal imports being transported by sea have fallen sharply in the last two years, down from 93% of the total between 2015-2022 to 76% in 2023-2024 according to a new report by commodity market intelligence provider Oceanbolt, a Veso…
China eyes alternatives as seaborne coal imports lose market share Read More »