Worldwide, policy-makers and industry leaders are ramping up the decarbonization of “hard-to-abate” sectors such as shipping and the chemical industry. While electrification has advanced this process for passenger cars, buildings and some industries, i…
Why e-methanol is a game changer for decarbonizing shipping and industry Read More »
Capesize The Capesize market experienced a week of gradual strengthening, with positive momentum building from midweek onwards as activity increased and tonnage tightened in both the Pacific and Atlantic basins. The BCI 5TC experienced a steady rise th…
Dry Bulk Shipping: Capesizes Keep Their Positive Momentum Read More »
Increasing environmental scrutiny and rising unpredictability pose a great risk to steam carriers. We expect several carriers to be scrapped much faster than expected earlier. Demolitions rose in 2024 as charter rates slumped, especially for steam carr…
The maritime industry is grappling with the intricacies of FuelEU Maritime, a regulatory landscape that has proven far more complex than its predecessor, the EU Emissions Trading System (ETS). Speaking at the Baltic Exchange Tanker & Gas Market Ins…
FuelEU: A complex beast compared to ETS Read More »
“During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, high newbuilding prices, lon…
Bulker newbuilding contracting plunges 92% to lowest level in decades Read More »