What will the future bring? Overall demand growth is expected to be lower than in 2017, but still high enough to potentially improve the fundamental market balance. Demand Having experienced falling freight rates from August to year-end in 2017, most l…
Container Shipping: A Year Where Fleet Growth And Demand Growth Are The Same Read More »
Greater regulatory certainty and a burgeoning bunkering infrastructure worldwide means the conditions couldn’t be better for LNG-fuelled vessels to set sail, says Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, DNV…
Conditions right for LNG to set sail Read More »
Capesize Sentiment gathered momentum during the week and rates for the main C5 route improved over $1 to currently stand at almost $6.40, with market talk of fixtures, perhaps around $6.50 level, not yet substantiated. Whilst there has been a lack of t…
Dry Bulk: Capesize Market Gathers Momentum Read More »
Nations meeting at the United Nations International Maritime Organization (IMO) in London have adopted an initial strategy on the reduction of greenhouse gas emissions from ships, setting out a vision to reduce GHG emissions from international shipping…
UN body adopts climate change strategy for shipping Read More »
“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for …
BIMCO applauds new IMO emissions-strategy Read More »