The special focus this week is on the monthly quantity of soybeans and corn exported to China, comparing the current year’s shipments to the growth trends seen in the previous two years. Brazil continues to surpass the U.S. in terms of monthly shipment…
Grain dry bulk flows to China Read More »
“Between January and August 2024, the number of recycled ships has dropped 42% y/y, the second lowest level in 16 years. The market has seen high freight rates and strong demand, delaying the recycling of older ships. On the supply side, the fleet has …
Strong dry bulk market fuels 42% drop in ship recycling Read More »
The Methane Abatement in Maritime Innovation Initiative (MAMII) has opened a new protocol for consultation to encourage methane reductions in shipping. The Methane Measurement Protocol (MMP) is the first industrywide effort to establish a universal met…
Shipping industry outlines protocol to incentivise methane reduction Read More »
FuelEU Maritime – part of the EU’s Fit for 55 package – will apply from 1 January 2025 to all commercial vessels over 5,000GT trading in the EU that are used to transport cargo or passengers. By the end of August 2024, shipping companies were to submit…
FuelEU Maritime ready for 2025? Read More »
Last week’s Draghi report stressed the need to keep European shipping internationally competitive. At the same time, it found that shipping needs €40 billion annually to decarbonise. European shipowners release today their position paper on a European …
Competitive European Shipping key for Europe’s security and for strong maritime cluster Read More »