Global Perspective Global coal demand reached 8.79 billion tons in 2024, marking a new record. According to the IEA’s Coal Mid-Year Update 2025 (July, 2025), consumption is expected to plateau at similar levels in 2025, reflecting a critical shift. In …
Is coal trade entering a turning point? Read More »
With global carbon capture and storage markets poised for rapid expansion, a corresponding scale-up of the CO₂ carrier fleet is needed. A DNV white paper explores the key considerations in the design, construction and operation of CO₂ carriers. Carbon …
Designing safe CO₂ carriers for a growing CCS market Read More »
“On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025 to 4.5-5.5% while maintaining it at 2.5-3.5% for 2026. We now expect a balanced supply/demand development in 2026 while expecting…
Container Shipping: Demand bolstered by trade lanes not bound for the US Read More »
Global shipping, moving over 80% of the world’s merchandise trade, is entering a period of fragile growth, rising costs and mounting uncertainty, according to The Review of Maritime Transport 2025: Staying the course in turbulent waters, released by UN…
USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil energy use, according to new research from UCL Energy Institute and Kuehne Climate Center (KCC). The fi…