To help achieve net zero shipping emissions by 2050, shipping industry joins Bahamas and Liberia in comprehensive new proposal to IMO, for an annual greenhouse gas (GHG) emission fee. Revenue generated will support feebate (rewards) programme to incent…
New proposal urges governments to ‘bite the bullet’ to meet net zero 2050 targets Read More »
With Maersk’s recent change of heart in its decarbonization strategy, diversifying its fuel portfolio including previously criticized liquified natural gas (LNG), the fuel takes center stage demanding a closer look at its role under FuelEU Maritime reg…
While the total number of global terminal operators (GTOs) featuring in the Drewry league tables remained unchanged at 21 in 2023, the composition has changed significantly. The league tables that are a central feature in the latest edition of Drewry’s…
From mitigating risks associated with financing large-scale maritime projects to promoting sustainability and compliance, export finance plays a pivotal role in the shipping industry. Shipping moves 11 billion tons of goods each year, amounting to 1.5 …
The Role of Export Finance in Global Shipping’s Sustainable Growth Read More »
Capesize The capesize market showed a steady positive trend throughout most of the week, with the BCI 5TC starting at $19,499 on Monday and peaking at $20,509 on Wednesday. Each day saw slight gains, driven by positive sentiment and increasing activity…
Dry Bulk Market: Capesizes Have a Positive Week Read More »