Emad Talhah is a Chief Harbor Pilot and Mooring Master at Saudi Aramco. He is based in Ras Tanura. 6:45: Pilot Boarding Area Next to our tiny craft, the supertanker looms like a skyscraper rising from the deep. Mini-metropolis may be more like it: stre…
Prices for new and second hand shipping containers as well as lease rates fell in 3Q19 as factory stocks continued to build up and prospects for container shipping cooled. Container shipping remains challenged by rising geopolitical uncertainty and a s…
Shipping container prices tumble on inventory glut Read More »
Capesize The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop in value for the first part of the week, the 5TC now appears to have turned its fortunes around to settle the…
Dry Bulk Market: Capesizes On Rebound Mode Read More »
The EU is making efforts to cut red tape for ship owners while maintaining its high standards for the monitoring of CO2 emissions from maritime transport. Today, the ambassadors of EU member states agreed on their position on a proposal which updates e…
CO2 emissions from ships: Council agrees its position on a revision of EU rules Read More »
A study by A.P. Moller – Maersk and Lloyds Register confirms that the best opportunities for decarbonizing shipping lie in finding new sustainable energy sources. Based on market projections, the best positioned fuels for research and development…