A progress report from the Silk Alliance projects a strong and increasing demand for methanol and ammonia from 2030 onwards. It estimates more than 3 million tonnes of clean methanol and a minimum of 280,000 tonnes of clean ammonia will be required by …
The tanker market has been on the rise during the month of October, according to OPEC’s latest monthly report. Dirty freight rates began to recover in October as refiners started preparing for winter demand following maintenance in 3Q23. Gains were con…
Tanker Market on the Rise Read More »
As the shipping industry confronts the climate challenge, the evolution of business models becomes imperative, according to Danish Ship Finance. In its latest Shipping Market Review, the shipping loan provider warned that traditional tonnage providers …
Evolution of shipping’s commercial models Read More »
The European Parliament and the Council have reached an agreement on updated and more efficient rules for waste shipments. Of special relevance to the shipping community, this new agreement will make it possible to responsibly recycle EU-flagged ships …
The dry bulk market has benefited from a resurgence in seaborne coal demand lately, with Indonesia in particular, emerging as a major exporter. In its latest weekly report, shipbroker Xclusiv said that “despite global efforts to transition several majo…
Coal’s Resurgence Going Strong, Boosting Demand for Bulkers Read More »