Sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs, indicating increased global consumption as cargo ships, tankers, and other marine vessels take longer routes to avoid the Red Sea. Ship operat…
Longer maritime routes mean more fuel consumed in shipping following Red Sea attacks Read More »
Two-thirds of European green shipping fuel projects are at risk, a new Transport & Environment (T&E) study shows. T&E’s mapping of green hydrogen projects across Europe shows that nearly 4% of European shipping could run on green e-fuels by…
Two-thirds of European green shipping fuel projects at risk – analysis Read More »
Union Maritime is leading the global shipping industry into a new era of wind propulsion. The company is deploying cutting-edge wind technology across its fleet: it is working with BAR Technologies, the supplier of WindWings® – an industry-leading rigi…
Union Maritime and BAR Technologies join forces to lead on wind propulsion technology Read More »
Dramatic changes in shipping investors’ emphasis on newbuilding orders have unfolded in the past few years, causing divergent orderbook profiles. Some further shifts, perhaps equally striking, can be expected over the years ahead. Collective preference…
Investors’ changing preferences for new ships Read More »
Supply/demand balance Houthis continue to attack ships in the Red Sea and the Gulf of Aden, and there is no end to the conflict in sight. We therefore base our forecasts on the assumption that rerouting of ships away from the Red Sea and the Suez Canal…
BIMCO: Tanker Shipping Demand to Rise by 10.2% in 2024, Compared to 2022 Read More »