In the long run, alternative fuels are expected to help shipping achieve net zero greenhouse gas (GHG) emissions by 2050. However, the inescapable fact is that the majority of the current world fleet cannot be retrofitted to run on alternative fuels, m…
Onboard carbon capture: a bridge to zero-emission shipping? Read More »
The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the global ship recycling market remains weak and sluggish, with low demand and…
Ship Recycling Market Still Facing Challenging Conditions Read More »
Under current and prospective policies from the IMO, EU, and US, the business case for green shipping corridors could improve markedly – but not sufficiently – according to a new report published by UMAS, UCL and the Global Maritime Forum (…
The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be directly linked to the severe disruptions caused by Cyclones Sean and Zelia. These extreme weather events led to temporary port closures, infrastructure damag…
Dry Weekly Market Monitor: Cyclone Disruptions Hit Australian Iron Ore Exports Read More »
The market for second hand ships has been expanding so far this year, with more deals being reported. In its latest weekly report, shipbroker Banchero Costa said that “in the dry bulk segment, SENTOSA CHALLENGER 81,600 dwt 2020 Imabari built (SS and DD…
More Activity in the S&P Market Read More »