The spread between very-low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) has widened following Russia’s invasion of Ukraine. The HSFO price, however, could rise if Russian volumes coming into the market start declining due to sanctions. La…
VLSFO premium of USD 200/tonne increases scrubber advantage Read More »
The third edition of the Mapping includes significantly more projects – up from 106 to 203 – focusing on ship technologies, fuel production as well as bunkering and infrastructure. This edition of the report includes more detailed information on vessel…
Bidding wars for Car Carriers are driving rates up to record highs never before seen in the sector. Eastern Pacific’s Lake Wanaka (4,902 CEU, May 2008, Xiamen Shipbuilding Ind) was fixed for 1 year at 50,000 USD/Day to Volkswagen in March. A premium of…
Car Carrier Bidding Wars Spark All Time Rates Boom Read More »
For shipping to decarbonize, fuels need to decarbonize. In order to be on track for full decarbonization by 2050, 5% of shipping fuels must be decarbonized by 2030. This is a tremendous challenge, as shipping falls outside the Paris agreement and, desp…
These are the zero-emission fuels to decarbonize the shipping industry Read More »
Artificial Intelligence (AI) and Autonomous Shipping (unmanned vessels) are set to transform the mercantile fleets of the world. In addition to the greening of the industry and the smartening of the logistics, there will soon have to be a wholesale rev…
Does AI Dream of Electric Ships? Read More »