Is there much to be gained from applying speed limits on containerships to reduce emissions? The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is meeting this week (13-17 May) in London to further explore me…
How slow can you go? Read More »
Banks and investors have been challenged to up their game in the battle to decarbonise the shipping industry, as International Maritime Organisation (IMO) meetings continue this week in London. In a new report, responsible investment organisation Share…
Banks and investors must have shipping on their radar to be true climate leaders Read More »
Ship owners have started to scale back on the tanker newbuilding investment over the course of the past few months, in what could be seen as a positive sign moving forward. In its latest weekly report, shipbroker Gibson said that “one of the forward lo…
Tanker Market Revival Dependent on Future Tonnage Supply Read More »
Capesize The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end. The BCI 5TC reduced from $11,182 at the end of the previous week to a low of $9,898 on Tuesday, bu…
Dry Bulk Market: Rollercoaster Ride Continues Read More »
One way or another, ship owners are soon going to have to make big, and in some cases expensive, changes to meet compliance. New International Maritime Organization (IMO) regulations coming into force at the start of 2020 will slash the allowed concent…
To scrub or not to scrub Read More »