The goal of reducing sulfur dioxide emissions from marine fuels is part of the overall effort to combat climate change internationally and is framed by the United Nations Convention and the subsequent Kyoto Protocol. The Kyoto Protocol, which entered i…
Oil demand will be marred with uncertainty for years to come, as the world gradually moves away from fossil fuels. The rate of the shift and its difference from country to country and even region to region, will constantly alter demand for tankers, in …
Uncertainty Will Dominate Demand for Tankers Moving Forward Read More »
In what could only be deemed as a positive development for the dry bulk maritime industry, Brazil’s iron ore exports appear to be gradually edging higher, after some pretty turbulent period, dating back to the start of 2019. In its latest weekly report…
Brazil Iron Ore Exports Recovering, Bodes Well for Dry Bulk Market’s Long Term Prospects Read More »
A surge in COVID-19 cases around the globe is threatening to deepen and prolong the global economy’s recession, dealing a crucial blow to shipping demand in the process. In its latest weekly report, shipbroker Intermodal said that “the second wave of C…
Shipping’s Hopes of a Swift Demand Recovery Might Have to Wait Until 2021 Read More »
Ships’ recycling has taken a turn in favor of ship owners, as scarce tonnage has forced yards to compete for tonnage, leading to higher prices. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “a new week but unfortunately this …
Ship Demolition Activity Finding It Hard To Recover Read More »