Capesize The Capesize market experienced a mixed week, beginning strongly before losing ground as the days progressed. Monday saw the BCI 5TC rise to $13,391, driven by a pickup in Pacific activity and tightening tonnage in the North Atlantic. The Paci…
Shipping: Dry Bulk Market Losing Momentum Read More »
The two main legislative developments in the EU which will have an impact for many in the industry in the year to come are: the expansion of the EU ETS and the introduction of the FUEM. EU ETS From January 2025, the scope of the EU ETS will expand furt…
A new year ahead for shipping – environmental and regulatory compliance Read More »
A significant surge in orders for alternative-fuelled vessels in 2024 is a clear signal of the maritime industry’s acceleration of its decarbonisation journey, according to the latest data from DNV’s Alternative Fuels Insights (AFI) platform. A total o…
Positivity on increasing orders for alternative-fuelled ships Read More »
According to DNV’s latest white paper “Biofuels in Shipping”, key biofuels like FAME and HVO have great potential for reducing greenhouse gas (GHG) emissions and supporting compliance with maritime regulations, but their benefits to the industry could …
According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT delivered in 2024. At the same time, deliveries will reach a …
Product tanker deliveries seen jumping 256% to 16-year high Read More »