Supplies, cargoes and ships have turned on their heads over the past few weeks, as a result of the crisis in the Red Sea. In its latest weekly report, shipbroker Xclusiv said that “in its widely monitored monthly oil market report, the Organization of …
Tanker Trade in Flux: The Red Sea Crisis Impact is Growing Read More »
Demand In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for both 2024 and 2025 compared to our previous forecast due to a weaker outlook for coal as renewable electricit…
BIMCO: Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months Read More »
The Republic of the Marshall Islands (RMI) Registry achieved a new milestone surpassing 200 million quality gross tons and nearly 5,600 vessels. This landmark achievement spotlights the RMI as one of the top registries in the world in both quality and …
Republic of the Marshall Islands Registry Achieves 200 Million Quality Gross Tons Read More »
Newbuilding activity has remained in healthy levels as more owners are “dipping their toes” in the market. In its latest weekly report, shipbroker Allied Shipbroking said that “2024 continues with another week of healthy newbuilding activity across the…
More Newbuilding Orders on the Way Read More »
Ships of 5,000 gross tonnage and above, carrying out voyages to and/or from ports in the European Economic Area, must submit a revised and verified monitoring plan for carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O) emissions to the adminis…
EU ETS impact on EU MRV reporting Read More »