The Sustainable Shipping Initiative (SSI) yesterday published the report Exploring shipping’s transition to a circular industry, discussing the potential of circular economy principles for shipping and identifying four main building blocks: knowledge a…
The year 2021 has been volatile for the LPG shipping industry. VLGC rates hit a peak at USD 110,000pd in January but soon nosedived by more than 90% in February, with charter rates on the key AG-Japan route touching USD 6,000pd. The wild swings after s…
LPG Shipping Stocks – What lies ahead? Read More »
The ships’ recycling market has sprung back to life this past week, after a lack of activity during the past few weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with various negotiations rumoured to be in place this wee…
Demolition Market Springs Back to Life Read More »
DNV, the independent assurance and risk management provider, has highlighted how 10 key energy transition technologies are expected to develop, compete, and interact over the next five years if global economies are to meet emissions reduction targets. …
Underwater noise from maritime traffic is increasingly recognized as a major form of ocean pollution. Canadian seaports eager to protect their unique coastal ecosystems are offering substantial port fee discounts to low-noise ships. First class notatio…
First DNV SILENT-E class notation awarded to a merchant vessel Read More »