The ship recycling market has picked up the pace, especially in some markets, like India, but still remains overall lacklustre. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling market…
Ship Recycling Activity Picking Up Pace Read More »
The energy transition is advancing, but not at the same pace everywhere. In 2015, just 0.7% of new cars sold were electric; by 2024, that figure had surged to 22%. Over the same period, solar’s share of global electricity generation increased sixfold. …
How the maritime industry is preparing for alternative fuel adoption Read More »
Maritime companies are stuck in the early stages of AI adoption, unable to scale beyond small experiments as widespread optimism collides with implementation reality, according to new industry research. The study “Beyond the Hype: What the maritime ind…
Maritime Companies Struggle to Scale AI Despite High Enthusiasm Read More »
With the summer holidays nearing their end, newbuilding activity has been picking up pace. In its latest weekly report, shipbroker Best Oasis said that “in the container sector, Canadian company Seaspan Corp. placed an order of 6 x 9,000 teu carriers t…
Newbuilding Ordering Activity Picks Up Pace Read More »
The dry bulk market continues to enjoy the fair summer weather, despite some softening of vessel benchmarks from late July peaks. As of mid-August, gearless Baltic benchmarks have retreated, while geared segments remain supported at elevated levels, a …
Enjoy the dry bulk market’s Indian summer while it lasts, says MSI Read More »