A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia. While ammonia offers the alluring prospect of slashing greenhouse gas emissions, MIT researchers warn t…
Exercise caution with ammonia switch Read More »
Demand for second hand dry bulk carriers remained in high demand during the past week. In its latest weekly report, shipbroker Xclusiv said that “despite the northern hemisphere approaching the “heart” of the summer, dry bulk S&P activity remains r…
Shipping: Dry Bulk Carriers Remain in High Demand Read More »
This week’s chart highlights the notable increase in the monthly volume of Russian grain shipments during the first two quarters of this year. By the end of the second quarter, shipments had risen by 15% compared to the previous quarter. Notably,…
Dry Weekly Market Monitor: Russian Grain Shipments to Top Destinations Read More »
Introduction On 21 November 2023 and following extensive consultation periods, the amendment to the Climate Delegated Act (Delegated Regulation (EU) 2021/2139 of 4 June 2021) (the Climate Delegated Act) was formally adopted by the European Commission a…
EU Taxonomy for shipping: A transition to sustainability Read More »
The lack of tonnage persisted in the ship recycling markets this past week. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships said that “the ship recycling sectors in four key destinations faced chall…
Lack of Tonnage Plaguing the Ship Recycling Market Read More »