It seems that each calendar year since 2020 has each own “winner”, when it comes to the part of the shipping industry which reaps the most benefits from the course of the global economy and trade. If 2021 was the year for containers and 2022 is the one…
Tankers Expected to Emerge as the “Winners” of 2023 Read More »
The total climate footprint from production to combustion should be considered in the EU ETS for maritime. The World Shipping Council joins with Danish Shipping and renewable energy producers, shipowners and other organisations in an open letter to EU’…
The EU ETS maritime regulation must be truly green Read More »
To date, the European Union (EU) has announced concurrent sanctions packages covering individuals, entities and traded goods, with the most recent 8th package released in October. The forthcoming oil price cap defined by the U.S. takes effect on 5th De…
Impact of Russia’s Invasion of Ukraine: A Trade Finance Compliance Perspective Read More »
The current energy crisis and cost of living conditions could hinder climate goals in favor of fossil fuels. This, in turn, could delay peak oil, thus prolonging the existing life cycle of many tankers, both existing and newbuildings. In its latest wee…
Tankers and COP27: Will the Existing Financial Conditions Prolong Oil Demand Growth? Read More »
Capesize The Capesize market had little cheer this week as rates subsided throughout the week, albeit on the back of reasonable fixing activity. The Capesize 5TC now stands at $9,305 – a decrease of 3502 week on week. The Atlantic region, particu…
Dry Bulk Market: Capesizes Face Further Pressure Read More »