Lloyd’s Register (LR) has expanded its Digital Maturity Index (DMI) benchmarking tool with a new AI maturity assessment, helping shipowners and operators evaluate their readiness for artificial intelligence as adoption accelerates across the maritime i…
Shipping puts AI readiness to the test with new maturity benchmark Read More »
The shipping market is facing renewed uncertainty after the latest developments in the US and the mid term elections’ results. In its latest weekly report, shipbroker Xclusiv said that “the November 3rd US midterm elections reshaped Washington’s politi…
Shipping in New Crossroads After the US Mid-Term Election Read More »
The TD3C/TD22 earnings ratio rose from 2.73 on 30 October to 3.10 on 6 November, as US Gulf–China VLCC earnings fell 16.2% to around $415,000/day, against a 4.8% decline on Middle East Gulf–China to $1.29 million/day. All 16 dirty tanker benchmarks fel…
Atlantic Tanker Earnings Fall Faster Than Gulf Earnings Read More »
This decade is critical for decarbonizing the maritime sector. Integrated energy planning, accelerated action and ambitious policy implementation are vital to keep international shipping on track for net-zero by or around 2050. Whilst the maritime sect…
COP31: Broad maritime coalition launches breakthrough 20% electrification goal by 2035 Read More »
Demand for thermal coal is growing once more, with shipping standing to benefit. In its latest weekly report, shipbroker Intermodal said that “with the winter heating season underway, the thermal coal market is benefiting from strengthening demand, as …
Dry Bulk Shipping: Thermal Coal Market Heating Up Read More »