Continued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), aim…
Global shipping finance portfolio moves closer to alignment with net zero climate goals Read More »
“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown, and contracting in 2024 will likely…
Dry bulk contracting falls 70% below average amid low rates Read More »
Carbon capture, utilization, and sequestration (CCUS) is shaping up to be an important decarbonization lever owing to its ability to tackle emissions in hard-to-abate sectors. The value chain involves transporting the CO2 that is captured from large st…
The Shipping Industry Can Help Carbon Capture Sail Ahead Read More »
A joint study by the Global Centre for Maritime Decarbonisation (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in enabling CCUS initiatives, particularly when there is a large geographical mismatch between potential…
As we enter the last month of 2024, the market developments are somewhat mixed. Spot rates are strengthening on the Asia to Europe markets. The growth in weekly offered capacity compared to last year is quite significant and hence the strengthening of …
FBX Index November 2024: A mixed bag Read More »