A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia. While ammonia offers the alluring prospect of slashing greenhouse gas emissions, MIT researchers warn t…
Exercise caution with ammonia switch Read More »
This week’s chart highlights the notable increase in the monthly volume of Russian grain shipments during the first two quarters of this year. By the end of the second quarter, shipments had risen by 15% compared to the previous quarter. Notably,…
Dry Weekly Market Monitor: Russian Grain Shipments to Top Destinations Read More »
Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has risen 11% to 29.5m TEU, the fastest fleet growth in 15 years,” says Niels Rasmussen, Chief Shipping Analyst …
Container ship fleet expands by 11%, fastest growth in 15 years Read More »
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to the IEA’s …
Global coal demand is set to remain broadly flat through 2025 Read More »
Cargo-carrying capacity in the China-owned fleet of merchant ships – bulk carriers, tankers, container ships, gas carriers and other ship types – continued to grow strongly in recent years. A large volume of newbuildings on order points to further expa…
A rapidly growing China-owned fleet Read More »