Activity in the newbuilding and S&P markets appears to be slowing down lately, as global economic headwinds are taking a toll. In the newbuilding market, shipbroker Banchero Costa said in its latest weekly report that “in the tanker sector, Pan Oce…
Ship Owners Slowdown Their Investments As Global Economic Uncertainty Persists Read More »
In October, the International Maritime Organization is set to adopt a legally binding framework to reduce greenhouse gas (GHG) emissions from ships over 5,000 GT, pending entry into force in 2027. Including a new fuel standard and a global pricing mech…
Ethanol Makes Its Case In Maritime Decarbonisation Read More »
The dataset, provided by Lloyd’s List Intelligence, contained more than 2,200 recorded casualty incidents per year since 2021. Machinery damage/failure was responsible for the highest number of casualty incidents in all years, with this climbing to 60%…
Ageing fleet drives surge in number of maritime incidents, says DNV report Read More »
Ship owners looking to gain a competitive advantage in trading their bulkers, could find such a case in a specific trade within the market. In its latest weekly report, shipbroker Intermodal said that “Guinea’s military government recent decision…
Dry Bulk Shipping: A Niche Segment is Outperforming the Rest of Bulk Trades Read More »
As Europe envisages shunning Russian gas and LNG by 2027, changes in trade patterns and strategies are likely to unfold. Drewry anticipates Europe’s contracted supply to be sufficient to meet its LNG demand and limit spot exposure, supporting the regio…
LNG shipping heats up as Europe turns to West, but at what cost? Read More »