As we move into 2023, it is clear that container market conditions will be drastically different from 2022. In essence, four fundamental elements are presently set up to shape the new year. Simply put, they comprise of a return to operational normality…
FBX Index January: New Year – New Challenges Read More »
While global newbuild order volumes fell (20% y-o-y in CGT terms), 2022 was still an active year for the global shipbuilding industry with higher pricing (up 15% on average), more complex ships ordered (e.g. a record 182 LNG orders of $39bn) and altern…
Shipbuilding Review 2022: Record Orders For Alternative Fuel Orders Read More »
Shipping contributes to around 3% of global emissions and is highly energy intensive. As part of wider decarbonization goals, logistics companies are turning towards the twin transition – the aligned acceleration of digital and sustainability agendas. …
Sailing towards the twin transition: How shipping can use digital to decarbonize Read More »
Capesize The Capesize market had a positive opening on Monday followed by consecutive declines on the timecharter routes. The Cape5TC fell over $2,000 this week, settling a tick above the $10,000 threshold on Friday. A few period fixtures were reported…
Dry Bulk Market: Capesizes Endure Significant Losses Read More »
MARPOL Annex VI, regulations 26 & 28 incorporates requirements on ships of 5000 GT and above of certain types to amend their Ship Energy Efficiency Management Plans (SEEMP) with a new mandatory part III, and to calculate their “required annual oper…
With CII now in force, should my T/C mention CII? Read More »