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 »
Capesize The Capesize market softened this week as global market concern’s kept the headwinds coming. The softening of values was felt across all Capesize 5TC routes as the index lowered throughout the week by -4609 to $19,665. Friday saw a slight upti…
Dry Bulk Market: Capesizes Soften This Week Read More »
MEPC 78 was the first of three meetings to work on, among other things, the production of a final draft Revised IMO GHG Strategy. The meeting was not planned as a key decision-making point for agreement/adoption of any of the items under IMO’s Reductio…
Momentum builds for IMO’s future: Stronger ambition and an equitable transition Read More »
The drive towards shipping’s decarbonization is well underway. At present there’s a growing number of potential alternative fuels and technologies to achieve the desired goals, each with each benefits and drawbacks, from costs to production availabilit…
“Green Ammonia Will Be Cheaper Than Fossil Fuels Eventually”, says Yara Read More »