This past week sees the conclusion of the 2018 United Nations Climate Change Conference (COP24) in the Polish city of Katowice — a meeting held over a number of days that aims to finalise the practical implementation of the 2015 Paris Agreement. Given …
Cutting shipping’s carbon Read More »
A number of political, but also economical factors have had a negative effect on the sentiment of the ships’ demolition market this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week saw further disruption af…
Politics Impact the Demolition Market Read More »
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we should look towards emerging and developing countries. The IMF also points out that advanced economies’ gro…
Global shipping scouts for future growth Read More »
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless, we believe imports will be supported by winter and high-energy demand in t…
China’s import restrictions on coal spoils the party for Panamaxes Read More »
”The LNG shipping market has become significantly tighter compared to the last few year and spot rates have hit multi year highs in Q4 2018. Supported by healthy LNG demand and supply fundamentals and limited vessel availability in the spot marke…
Braemar: LNG Shipping Rates to Remain Strong in 2019 Read More »