Reaching shipping’s 2030 decarbonization goal of 20% emission reductions, set by the International Maritime Organization (IMO), will not happen without significant energy savings, according to DNV’s latest Maritime Forecast to 2050. The report st…
The Fuel EU Maritime Regulation[1] (FuelEU Maritime) is another instrument in the ‘Fit for 55′[2] toolbox of the EU to achieve its goal of climate neutrality by 2050 with an intermediate goal of reaching a 55% reduction of greenhouse gas em…
Fuel EU Maritime Regulation: The next legislative piece to make the EU climate neutral Read More »
Every year we handle claims of collisions between merchant and fishing vessels in Chinese waters. Given the significant size and momentum differences between merchant vessels and fishing boats, such incidents can lead to extensive damage and loss of li…
Increased collision risk in Chinese waters Read More »
Supply/Demand balance Despite weaker cargo volumes during the first half for both the crude and product tanker markets, we forecast a recovery during the second half and that both markets on average will see a stronger 2024 than 2023. Muted fleet and s…
Tanker Shipping Market Overview & Outlook August 2024 Read More »
The world’s major boxship builders have booked record numbers of contracts in recent months and the scale of ordering shows no sign of slowing down. Prices continue to climb and the largest 24,000TEU vessels now command prices of more than $260 million…
Laying out the cards on LNG as a liner option Read More »