New research shows propulsion energy saving devices could deliver up to 10% fuel reduction while fewer than 2% of global fleet currently equipped. Demand for advanced propeller retrofits and energy saving devices (ESDs) has nearly quadrupled since 2020…
Demand for propeller retrofits surge four-fold but adoption remains limited Read More »
In October, the International Maritime Organization is set to adopt a legally binding framework to reduce greenhouse gas (GHG) emissions from ships over 5,000 GT, pending entry into force in 2027. Including a new fuel standard and a global pricing mech…
Ethanol Makes Its Case In Maritime Decarbonisation Read More »
As Europe envisages shunning Russian gas and LNG by 2027, changes in trade patterns and strategies are likely to unfold. Drewry anticipates Europe’s contracted supply to be sufficient to meet its LNG demand and limit spot exposure, supporting the regio…
LNG shipping heats up as Europe turns to West, but at what cost? Read More »
The MPV market is navigating through choppy waters, driven by a convergence of global short-term shocks and long-term structural transformations. The assessment categorises market risks to understand how they may influence the sector’s future outlook a…
Potential risks to the MPV market Read More »
Europe witnessed a 10% increase in crude oil imports in May 2025, likely due to refineries completing maintenance ahead of schedule, boosting crude demand. This period also saw a notable change in import origins, with a decrease in volumes from the Uni…