Major changes are underway, as shipping needs to pick up the pace regarding its efforts to lower emissions from ships. In its latest weekly report, shipbroker Gibson said that “as dust settles on COP26, it is time to reflect on what has actually been a…
Shipping Expected to Do its Part to Reduce Emissions Read More »
Capesize The Capesize market closed out a generally underwhelming week with positive sentiment and an uptick in the final days with the 5TC lifting +2905 to settle at $29,938. Rates are down week on week and the routes appear to now be oscillating in a…
Dry Bulk Market: Capesizes End the Week on a High Read More »
On 11 November Hafnia Limited (Hafnia) announced that it will acquire Chemical Tankers Inc. (CTI) in an all-stock transaction. Hafnia will acquire all outstanding shares in CTI and in exchange CTI’s shareholders will receive shares in Hafnia representi…
The demise of the dry bulk market since the start of October can be easily associated with China’s macroeonomic issues, the Evergrande issue and its impact in the Chinese property market. In its latest weekly report, shipbroker Allied Shipbroking said …
Dry Bulk Market Under Pressure From China’s Property Market Downturn Read More »
The recent COP26 event has again shone a light on the Shipping Industry’s need to accelerate its ambitions around decarbonisation. However, most of the discussions at the conference focused on the ‘bigger picture’ elements of Shipping’s decarbonisation…
When it comes to reducing shipping emissions in Europe, what is a ‘shipping company’? Read More »