For many years, a business venture in the FPSO market could be seen as highly speculative and risky. However, things could be starting to reverse, which in turn can offer a boost in the tanker market. In its latest weekly report, shipbroker Gibson said…
Tankers: Are FPSOs Truly Back? Read More »
Capesize The Capesize market maintained its continued momentum throughout the week, improving $2,277 week-on week to close at $8,216, which is the highest value since late January. West Australian miners remained relatively inactive despite the reopeni…
Dry Bulk Shipping: Capesize Market Maintains Rising Momentum Read More »
International efforts to curb greenhouse gas (GHG) emissions from shipping took a step forward as the IMO’s Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) concluded its latest round of discussions. The IMOR…
IMO progresses talks on greenhouse gas reduction from shipping Read More »
India’s coal imports edged downwards during 2024, having a negative impact on dry bulk shipping. In a recent weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global seaborne coal loadings increased by +2.4% yo-y to 1,371.8 mln t (ex…
Dry Bulk Shipping: India’s Coal Imports Slowed Down in 2024 Read More »
Following a week of intensive greenhouse gas (GHG) negotiations at the UN International Maritime Organization (IMO), Guy Platten, Secretary General of the International Chamber of Shipping (ICS), emphasised the need for urgent progress ahead of the cri…