More than 50 leaders across the spectrum of the shipping value chain — e-fuel producers, vessel and cargo owners, ports, and equipment manufacturers — signed a Call to Action today at COP 29 to accelerate the adoption of zero-emission fuels. Organized …
Ship recycling activity could post an increase during the final weeks of 2024, with more buying activity on the horizon. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, recycling markets…
Ship Recycling Could Gain Momentum as 2024 Approaches its Closure Read More »
“During the first 10 months of 2024, coal shipments to advanced economies fell 6% y/y. Import demand weakened, particularly in Europe, where it fell 22% y/y as countries continued to decarbonise their electricity generation. At this rate, shipments to …
Coal shipments to advanced economies heading for a 15-year low Read More »
A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and new technologies. The sector’s appetite to take on emerging…
Tankers and LNG ships have been the main subject of newbuilding activity over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the tanker market, Greek based owner Dynacom placed an order for 4x Suezmaxes abt 158k dwt…
Newbuilding Activity: Tankers and LNG ships at the Forefront Read More »