A new report from UCL Energy Institute Shipping and Oceans Research Group and UMAS reveals significant risk in some of the options the International Maritime Organization (IMO) is considering, for enabling shipping’s energy transition. The analys…
Shipping generates 3% of global greenhouse gas emissions. This could increase to 10% if current trends continue, according to Transport & Environment – a non-profit organisation dedicated to decarbonising transport in Europe by 2050. To alter cours…
Five ways to cut emissions from shipping Read More »
The maritime industry represents a backbone of global commerce, with approximately 100,000 shipping vessels traversing the oceans at any given time, connecting continents and forming logistical networks. However, in light of the impending climate crisi…
The fourth week of February brought a downward correction in the sharp rise of VLCC AG-China rates, which had surged following the announcement of U.S. sanctions on Russian crude oil destined for China and other Asian markets. The geopolitical shock on…
VLCC AG & Aframax Mediterranean Vessel Count & Market Rates Read More »
In 2025, the twin pressures of environmental regulations and evolving geopolitical landscapes will shape the shipping industry’s trajectory, according to legal experts. Two key EU legislative developments will significantly impact the industry in…
New year of challenges and opportunities for shipping Read More »