The International Maritime Organisation’s (IMO) ambitious target of achieving net-zero emissions by or around 2050 has spurred significant interest in zero-emission fuels like green ammonia and methanol. While there has been progress in ordering …
Scaling up zero-emission shipping Read More »
The product tanker market could be headed for a rebound after a weak August. In its latest weekly report, shipbroker Gibson said that “August has seen the weakest clean tanker earnings for the year to date globally across all categories but as we noted…
Product Tanker Market Could Be Headed for a Rebound Read More »
The Greek fleet of all types and sizes of vessels went up by 85 vessels in 2023. Overall, the increase in DWT of all vessels and all types was 9.7m DWT. Vessels over 20,000 tons DWT went up by 112 units comprising of 9m DWT. They are also run by 411 co…
Greek-owned Fleet Retains No1 Spot Read More »
Capesize The Capesize market experienced a strong recovery this week after a mixed start partly due to a public holiday on Monday in the UK. In the Pacific, the week began with steady activity, but the market initially showed signs of weakening, with t…
Dry Bulk Market: Strong Recovery for Capesizes Read More »
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…