The Global Maritime Forum and RMI (founded as the Rocky Mountain Institute), under Mission Innovation’s umbrella, released a report today outlining strategies for ports to become first movers in providing green methanol and ammonia bunkering. The repor…
Capesize At the beginning of the week, the Pacific market showed promising activity with healthy cargo volumes. However, despite this, conditions slightly weakened, and the Atlantic market remained subdued, as the week got underway. Nevertheless, as th…
Capesize Market Showing Signs of Improvement Read More »
A collaboration between CB&I and Shell, with close support from DNV, has led to the Approval in Principle (AiP) of a large-scale, liquid hydrogen (LH2) cargo containment system. This could pave the way for an expansion of global hydrogen supply cha…
Paving the way for large-scale transportation of liquid hydrogen Read More »
In the second week of April, the crude oil freight market maintained a relatively stable sentiment in the VLCC Ras Tanura segment, while indications of an upward trend emerged in the Aframax Mediterranean, accompanied by a decrease in vessel supply. Ap…
The recent International Maritime Organisation (IMO) Marine Environmental Protection Committee meeting, MEPC81, injected fresh momentum into the shipping’s decarbonisation efforts. While the meeting itself did not enact concrete measures, it served as …
IMO signals shipping’s decarbonisation progress Read More »