International shipping is responsible for about 2% of the world’s greenhouse gas emissions. This means it plays a part in reaching net-zero emissions, which would help limit global warming to 1.5 degrees. The shipping industry follows various reg…
ESG Economist – Carbon price for shipping below transition cost Read More »
The global biofuels market has witnessed massive growth over the last two decades, largely driven by evolving regulations and the push for cleaner energy. Volumes have increased close to 400% since 2007, when the market totalled 5mn t/yr compared with …
Shipping biofuels: navigating new challenges with strategic solutions Read More »
A prolonged period of too many unknowns seems to now be the new operating reality for tanker owners. In its latest weekly report, shipbroker Gibson said that “every year since 2020, as analysts we have complained that the outlook for the market has nev…
Tanker Market: Extreme Uncertainty is the New Norm Read More »
Capesize The Capesize market maintained a generally firm tone this week, supported by a tightening of tonnage in both the Pacific and North Atlantic, alongside a steady flow of cargo. In the Pacific, early-week momentum was driven by active miners on t…
Dry Bulk Market: Capesizes Supported by Tightening of Tonnage Read More »
As part of our recent webinar following MEPC 83, two of LR’s regulatory and advisory experts explained that the proposed mid-term GHG reduction measures, while challenging, can also present commercial opportunities if properly managed. Despite the comp…
IMO mid-term measures: expert guidance required following MEPC 83 Read More »