China’s imports of LNG rose by 11.4% during 2023, as Zero-Covid policies were reversed, allowing for more shipments. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade has continued to increase last year, helped…
LNG Shipping: China’s Imports Post Strong Increase During 2023 Read More »
The year 2023 witnessed significant shifts in commodity patterns, exacerbated by a difficult economic environment in China and geopolitical tensions, especially between Russia and Ukraine, which led to significant shifts in commodity development. The C…
Dry bulk annual review 2023 Read More »
In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024. As 2023 saw a relativel…
Record deliveries could push container fleet above 30 million TEU in 2024 Read More »
More newbuilding orders have been reported over the past week, despite the Holiday season. In its latest weekly report, shipbroker Allied said that ‘while the Christmas and New Year period typically signals a holiday for many, there was no such rest in…
More Newbuilding Orders Pouring into Shipyards Read More »
The latest stats from DNV’s Alternative Fuels Insight (AFI) platform found that a total of 298 ships with alternative fuel propulsion were ordered in 2023 – an 8% increase year on year. The year also saw methanol go mainstream, with a sharp increase in…
Maritime decarbonization efforts propelled as orders for alternative-fueled vessels grow Read More »