The rising interest in clean ammonia, touted as the next zero-carbon fuel, is boosting orders for Very Large Ammonia Carriers (VLAC). The orderbook is stacking up with the specialised vessels, but concerns over possible delays in the start-up of planne…
Ammonia shipborne trade: Navigating the bubble for sustainable growth Read More »
Capesize The Capes started the week off slowly but gradually gained momentum. Despite decent cargo volumes, particularly in the Pacific, the C5 index experienced a 50-cent drop, settling at $9.640 as the week got under way. There was pressure in the So…
Dry Bulk Market: Capesize Market Ends the Week in Negative Territory Read More »
Shipping companies face a costly dilemma in the Red Sea. Houthi attacks mean vessels passing through the Suez Canal risk being hit with ballistic missiles. The alternative is to go around the Cape of Good Hope, adding more than 8,000 nautical miles to …
Does manipulating AIS data help ships avoid Houthi attacks? Read More »
Rising interest rates have sparked a profit surge for many banks, leveraging the spread between increasing interest income and slowly rising deposit funding costs. This trend has led banks to adjust their portfolio strategies, moving towards assets wit…
Banks get creative to build shipping portfolios Read More »
Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market shocks and low orderbooks have kept older ships operating for …
Demand shocks drive ship recycling to lowest level in 20 years Read More »