To have any hope of meeting the Paris and Glasgow Agreement goals we need to remove 6–7 gigatonnes of CO2 from the atmosphere every year from 2050 onwards. Alternative fuels and energy saving will help, but too much CO2 is being emitted all the time, a…
DNV supports innovations in CO2 carrier design Read More »
Amid pressure from NGOs and governments, shipping could be moving towards net zero by 2050, instead of the initial goal set of a 50% emission reduction. In its latest weekly report, shipbroker Gibson said that “last Friday saw the close of the much-ant…
Net Zero Shipping By 2050 Could Be on the Agenda Pretty Soon Read More »
Capesize It was turbulent seas this week as global markets buffeted the Capesize sector. Amongst this turmoil the sector managed to find a floor under its recent softening as sentiment improved in the latter part of the week with the Capesize 5TC lifti…
Dry Bulk Market: Turbulence Prevails Read More »
Amid the gloom of spiralling energy costs, inflation, war, and the recent United Nations IPCC report which revealed that global carbon emissions are still rising, and governments are not following through on COP 26 assurances, shipping’s own endeavours…
Shipping’s customers square up to decarbonisation challenge Read More »
The tanker market is expected to face a series of shifts and changes in trade flows over the course of the next few months. At the same time though, the economic impact of the war in Ukraine is expected to take effect and impact demand for crude as wel…
Tanker Market in Changing Tides Read More »