Despite the long road that lies ahead, after years of lobbying efforts there is finally a shift in the collective mindset of the shipping industry to put more emphasis on its carbon footprint. This report highlights key regulations, actions and initiat…
Shipping’s Green Future: Decarbonisation Digest Read More »
The Aframax Mediterranean market stands to benefit from a potential recovery of Libya’s oil production, however difficult this may sound at present. In its latest weekly report, shipbroker Gibson said that “in recent years, despite holding the largest …
Libyan Oil Market Could Offer Support to the Aframax Mediterranean Market Read More »
Capesize The Capesize market struggled to hold its value this week as rates ebbed away across all routes. Closing Friday some reprieve was found as the Capesize 5TC closed on a positive up note +1888 to settle at $13,888. The Pacific region which exper…
Dry Bulk Market: Strong Finish to a Lackluster Week Read More »
Ship fuels manufactured using renewable electricity, and made purely from water and the gases found in the atmosphere, are being proposed as the solution to decarbonizing marine shipping. Net-zero by 2050 Countries around the world, including Canada, a…
Decarbonizing marine shipping: clean fuels for a greener future? Read More »
Despite a desire from Mexico to limit its exports until a full stop by 2023, while also eliminating product imports, it seems that the reality is different. In its latest weekly report, shipbroker Gibson said that “when Lopez Obrador was elected as the…
Tankers: Atlantic Trades Will Support the Market Read More »