Prices for dry bulk carriers could soon rally, following hot on the heels of the latest rally of the dry bulk market freight rates. Despite last week’s correction, shipbrokers appear to be quite optimistic regarding a renewed rebound in asset prices as…
Dry Bulk Ships’ Values Set to Rally Read More »
There is no doubt that ammonia and methanol are in the race to be the most viable zero-carbon bunker fuels in the global shipping industry. When you consider the rapid acceleration of the world’s transition to a greener future and that shipping facilit…
Partnerships Pivotal for Zero Carbon Shipping Read More »
Following four years of growth, Macquarie Group’s Shipping Finance business’ loan book has recently passed $US1 billion. The business, which specialises in providing finance to small and medium sized shipowners, has now financed over 190 vessels global…
A carbon levy for shipping could be the answer, in order to fund the make the transition to greener shipping fuels. In its latest weekly report, shipbroker Gibson said that “heads of state haven’t even got on their respective planes to fly to Glasgow f…
The Case For A Carbon Levy on Shipping and the Many Challenges This Entails Read More »
Capesize The week ended on a negative note with continuous downward momentum in both basins. The BCI broke the barrier of 10,000 points upon opening on Monday and closed at 7767 by Friday, whilst the average of five time charter routes declined from $8…
Dry Bulk Market: Negative Sentiment Engulfs the Market Read More »