Capesize The Capesize market faced a persistent downturn this week, with the Baltic 5TC declining daily to end at $15,395, down $2,779 from Monday. In the Pacific, limited mining demand early in the week led to a softening in the C5 route, hindered by …
Dry Bulk Market: Capesizes Faced Downturn Last Week Read More »
Maritime communications came a long way before they could deliver the first Global Maritime Distress and Safety System (GMDSS), but it is fair to say that their forward march has only accelerated in the two-and-a half decades since. Today, shipping com…
Maritime LEO Networks Read More »
This week’s focus highlights a decrease in vessel congestion at the port of Ras Tanura for dirty tankers, including VLCCs and Suezmax vessels. Port congestion metrics show a 25% decline on both a weekly and monthly basis. However, in contrast, port day…
VLCC Ras Tanura – Port Congestion Metrics Read More »
The EU’s FuelEU Maritime regulation, set to take effect in January 2025, looks set to further shake up the industry, as it continues on its path to net zero. As part of the EU’s Fit to 55 package, FuelEU aims to accelerate the decarbonisation of …
Call to action on FuelEU compliance Read More »
Environmental Protection Engineering (EPE) Commercial Director, John Korovesis, says that owner preoccupations with the EU Emissions Trading Scheme and the IMO Carbon Intensity Index increasingly focus on endgame of how ship efficiency investments will…
Accuracy needed for hard talk on ship emissions Read More »