Last year, 52 harmful spills of mineral oil were detected in HELCOM countries’ waters, according to the Annual report on discharges observed during aerial surveillance in the Baltic Sea 2021. The long-term decreasing trend is remarkable, as in the star…
What is the ZEEDs initiative aiming to achieve? Matt: We know that shipping is close to 2- 3% of the world’s carbon emissions, which is millions of tonnes of CO2 and it will take teamwork to achieve our goals. There are different industry actors …
The A to Z of emission-free shipping Read More »
The international trade of the seemingly endless supply of goods that enable globalization is entirely dependent on the physical transport of those goods. Despite ambitious ongoing climate goals by various organizations to push the industry towards Net…
Fuelling Global Trade – Observe Traffic and Trade Dynamic From Fuel Oil Export Data Read More »
Capesize The Capesize market is going through a rough period as trading pushed valuations into untenable sub-operating expense territory over the week. The Capesize 5TC dropped -$2,854 week on week to finish at $3,413. With rates so low and the outlook…
Bulk report – Week 34 Read More »
Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchasing activity is and will remain a barometer for tanker recovery. Six months have passed since the invasion of Russia in Ukraine, which caught most of the…
Crude Tankers: Russian Invasion sets the tone but China’s behaviour has the last say Read More »