The bulk of the newbuilding orders placed so far in 2022 appears to be for LNG and container ships, which offer quite positive funadmentals at the moment. In its latest weekly report, shipgroker Allied Shipbroking said that “the shipbuilding market con…
Newbuilding Orderbook Filled with LNG and Container Ships Read More »
Bidding wars for Car Carriers are driving rates up to record highs never before seen in the sector. Eastern Pacific’s Lake Wanaka (4,902 CEU, May 2008, Xiamen Shipbuilding Ind) was fixed for 1 year at 50,000 USD/Day to Volkswagen in March. A premium of…
Car Carrier Bidding Wars Spark All Time Rates Boom Read More »
For shipping to decarbonize, fuels need to decarbonize. In order to be on track for full decarbonization by 2050, 5% of shipping fuels must be decarbonized by 2030. This is a tremendous challenge, as shipping falls outside the Paris agreement and, desp…
These are the zero-emission fuels to decarbonize the shipping industry Read More »
The ship recycling market has faced more volatility this week, in close correlation to the developments in the commodities’ markets. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “market sentiment this week has certainly not …
Ship Recycling Market Quite Volatile Read More »
Artificial Intelligence (AI) and Autonomous Shipping (unmanned vessels) are set to transform the mercantile fleets of the world. In addition to the greening of the industry and the smartening of the logistics, there will soon have to be a wholesale rev…
Does AI Dream of Electric Ships? Read More »