The recent drone attack in Saudi Arabia affected around 60% of the country’s LPG production. However, Saudi Arabia’s stockpile and increased exports from the US minimised the effect of the production cuts on the global shipping market. The drone attack…
LPG shipping largely unaffected by attack on Saudi Arabia Read More »
In response to the IMO strategy to reduce greenhouse gas (GHG) emissions, Oshima Shipbuilding and classification society DNV GL have signed a long-term strategic cooperation agreement to conduct research and development together on new bulk carrier des…
Ultramax 2030 – a team effort for eco-friendly design Read More »
Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility, according to a joint study conducted by global shipping consultancy, D…
While it remains a fact that ships’ speed is the single most important variable influencing their CO2 emissions, there are different views as to which regulatory measure is best when it comes to enforcement and achieving the objective of curbing emissi…
BIMCO Points To Ships’ Power As A Mean To Curb Emissions Read More »
Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and minimal vessel ordering. However, costs are rising while the trade outlook is vulnerable to rising geopolitical risk, which is expected to lead to mo…
Slow car carrier recovery to trigger more distressed asset sales Read More »