“During the first 10 months of 2024, coal shipments to advanced economies fell 6% y/y. Import demand weakened, particularly in Europe, where it fell 22% y/y as countries continued to decarbonise their electricity generation. At this rate, shipments to …
Coal shipments to advanced economies heading for a 15-year low Read More »
A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and new technologies. The sector’s appetite to take on emerging…
Tankers and LNG ships have been the main subject of newbuilding activity over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the tanker market, Greek based owner Dynacom placed an order for 4x Suezmaxes abt 158k dwt…
Newbuilding Activity: Tankers and LNG ships at the Forefront Read More »
Seafarer salaries are continuing to rise across the globe as the shortage of competent seafarers impacts the shipping industry across all sectors, says Danica Crewing Specialists. And, with a surplus of job offers available, seafarers can afford to be …
Danica Seafarers’ Survey shows salaries are still rising in a crew-led market Read More »
In its relentless pursuit of decarbonising the shipping industry, the International Maritime Organization’s (IMO) recent Marine Environment Protection Committee 82 (MEPC 82) meeting marked another step forward, albeit a tentative one. MEPC 80 in 2023 s…
MEPC 82 inches industry closer to net zero Read More »