Capesize The Capesize Baltic index returned from year-end holidays this week and immediately saw activity coming from the usual West Australia iron ore flow. Closing out 2021 at $19,176 the Cape 5TC ended its first week in 2022 at $20,167. Initial move…
Dry Bulk Market: Capesize Enters 2022 With Positive Momentum From the Iron Ore Market Read More »
As the shipping and shipbuilding industry makes great strides in digitalization, there are more opportunities for classification to streamline and accelerate its approval processes where the use of 3D models instead of drawings has become a reality. To…
A new, open industry standard for 3D model-based class approval Read More »
Seaborne LNG imports to the EU have grown in size and importance of late, reversing the trend set for the most part of 2021. In a recent note, shipbroker Banchero Costa said that “global seaborne LNG (liquified natural gas) trade has been very disappoi…
EU LNG Imports Were on the Decline, But Not Anymore Read More »
The Glasgow Climate Pact was agreed at COP 26, emphasising the urgent need for a rapid and sustained decline of global greenhouse gas (GHG) emissions. The IMO’s Marine Environment Protection Committee’s 77th meeting (MEPC 77), held two weeks after, was…
Did MEPC 77 deliver for decarbonisation? Read More »
This analytics article utilizes trade data published by IHS Markit Global Trade Atlas (GTA) delivered via the new integrated trade data tool Global Trade Analytics Suite (GTAS) Key Observations The growth rates in exports reported by the top 10 reached…