LNG freight prices have been trending lower this year as strong fleet growth outpaced liquefaction capacity additions. 52 newbuild carriers joined the fleet year to date, nearly double the number of deliveries in the same period last year. In contrast,…
Do higher fuel prices lead to greener shipping behaviour? Energy efficiency and decarbonisation Many policy-makers in the European Union (EU) and the International Maritime Organization (IMO) argue that the higher prices that result from emissions pricin…
The price sensitivity of efficiency in shipping Read More »
Supply/demand balance For 2025, we forecast a slight strengthening of market conditions for crude tankers and a slight weakening for product tankers. Our demand forecast for both sectors is an increase of 2.5%-3.5% in 2025 but the product tanker market…
BIMCO: Crude Tanker Shipping Market To Tighten Slightly in 2025, Products to Soften Read More »
Watson Farley & Williams (“WFW”) advised CMB Financial Leasing Co., Ltd. (“CMBFL”) on the US$1.1bn sale and leaseback of five 200,000m3 LNG carriers with Pure Energy Limited (“Pure Energy”), which includes pre-delivery and post-delivery financing a…
Prokopiou-backed Pure Energy Signs $1.1 Billion Sale and Leaseback Deal Read More »
FuelEU Maritime comes into force in January 2025 and wind propulsion is currently the only technology with a reward factor under the regulation. Vessels will be credited using such technologies by reducing the GHG intensity of energy used onboard. Evid…
Business case for wind propulsion improves as decarbonisation rules kick in Read More »