Capesize The Capesize market was unable to carry the rally from last week as rates were seen to dip sharply this week with the 5TC down 4901 to $19,875. Trade activity throughout the week came in fits and starts with the market struggling to settle. Wh…
Dry Bulk Market: Capesizes Stall, as Sentiment Softens Across the Board Read More »
To have any hope of meeting the Paris and Glasgow Agreement goals we need to remove 6–7 gigatonnes of CO2 from the atmosphere every year from 2050 onwards. Alternative fuels and energy saving will help, but too much CO2 is being emitted all the time, a…
DNV supports innovations in CO2 carrier design Read More »
China’s slowdown has had a negative impact in Brazil’s iron ore exports. In its latest weekly report, shipbroker Banchero Costa said that “global iron ore loadings in the full 12 months of 2021 were up +0.7% y-o-y to 1,555.3 mln t, according to vessels…
Dry Bulk Market: Weaker Chinese Demand Dampens Brazil’s Iron Ore Exports Read More »
Valve maintenance is an essential element in ensuring seaworthiness: without the right valves, in good condition, a vessel is not fit to sail. In these circumstances, owners and operators can rapidly lose valuable operational time while trying to sourc…
Digital valve management: faster, safer and less wasteful Read More »
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would generate a sizable financial gain. Tobias Adrian, Patrick Bolton and Alissa M. Kleinnijenhuis from the IMF ca…
Financial gains support coal transition Read More »