By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of oil equivalent (Mtoe) of low-greenhouse gas (GHG) fuels annually, double the estimated volume needed to meet the International Maritime Organization’s (IMO) 2030 emi…
DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point Read More »
EDF and The Decarb Hub explore innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub), a partnership betwe…
Chinese buyers are fueling a sharp rise in demand for vintage very large crude carriers (VLCCs), with 81% of their acquisitions in this class involving vessels more than 15 years old over the last five years. This trend reflects structural changes in g…
Chinese buyers fueling 30% boom in vintage VLCC values Read More »
As the maritime industry shifts towards low-GHG fuels, ensuring safety during this transition is paramount. This article highlights the critical measures and considerations necessary for a safe and effective switch to low-carbon fuels and technologies….
Switching safely to low-GHG fuels and technologies Read More »
Capesize The Capesize market experienced a shifting sentiment over the week, starting on a steady but subdued note before softening midweek, before gradually improving across both basins with renewed support towards the close. In the Pacific, consisten…
Capesize Market Experiences Market Shift Last Week Read More »