EDF and The Decarb Hub explore innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub), a partnership betwe…
Chinese buyers are fueling a sharp rise in demand for vintage very large crude carriers (VLCCs), with 81% of their acquisitions in this class involving vessels more than 15 years old over the last five years. This trend reflects structural changes in g…
Chinese buyers fueling 30% boom in vintage VLCC values Read More »
A new market could be emerging for dry bulk shipping, which while not big enough to change trade flows, is still enough to provide some much needed momentum in the freight market. In its latest weekly report, shipbroker Intermodal noted that “the globa…
Dry Bulk Shipping: Vietnam Can Add Momentum Read More »
As the maritime industry shifts towards low-GHG fuels, ensuring safety during this transition is paramount. This article highlights the critical measures and considerations necessary for a safe and effective switch to low-carbon fuels and technologies….
Switching safely to low-GHG fuels and technologies Read More »
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its annual conference in Singapore. The global marine insurance premium base for 2024 was reported as USD39.92 billion, representi…