This week, attention is drawn to the Russian grain sector and the notable recovery in shipments that began in June, culminating in a recent peak in September. It is particularly noteworthy that the quarterly volume shipped to all destinations has reach…
Dry Bulk Grain Flows – The Russian aspect Read More »
The International Maritime Organization’s (IMO) 2023 Greenhouse Gas (GHG) Strategy has three interlinked ambitions: a reduction in carbon intensity of international shipping by at least 40% by 2030, compared to 2008; the uptake of zero or near-zero GHG…
Investigating maritime community perceptions of ammonia as a marine fuel Read More »
The maritime industry is moving too slowly to come into compliance with rigorous new European sustainability regulations, which carry the threat of significant fines and even jail, leading environmental consultancy Tunley warned today. The European Uni…
Exacting new sustainability rules: maritime industry’s time running out Read More »
The ordering of more than 50 very large ammonia carriers (VLACs) over the past 12 months has caught the attention of the maritime industry. Whilst these orders suggest a market surge in the direction of ammonia, a deeper analysis shows that most will b…
Investing in future ammonia markets Read More »
Clean LR2 LR’s in the MEG began showing signs of recovery after some time paused at WS115. TC1 ticked up 10.28 points at the end of the week to WS125.28 and for a trip west on TC20 the index climbed $56,646 to $4.16m. West of Suez, Mediterranean/East L…
Tankers: VLCC Market Firming Up Read More »