Shipping companies that do not have a strategy to decarbonise are likely to be pushed out of the market as financing options become more expensive, according to Stephen Fewster, global head of shipping finance at ING Wholesale Banking. A member of the …
Decarbonisation a defining financing factor Read More »
COVID-19 has wreaked havoc on supply chains around the world, and shows little sign of abating after a surge in new infections across Asia has enforced a partial shutdown of one of the world’s busiest container ports – Ningbo-Zhoushan. Chin…
How Can Shippers Navigate A ‘Perfect Storm’ In Their Supply Chains? Read More »
Nicholas has caused less lasting damage than Ida, which halved US Gulf Coast fuel oil production last week. Tropical storm Nicholas hit Houston and other Texan ports without wreaking too much havoc this week. Port authorities and energy suppliers had s…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
The dry bulk market is reliving the “glory days” of 2008, in terms of freight rates. According to shipbrokers, the positive fundamentals are set to maintain the upwards momentum. In its latest weekly report, shipbroker Allied Shipbroking said that it w…
Dry Bulk Market “Bonanza” Isn’t Over Yet Read More »
“ The maritime industry will go through a period of rapid energy and technology transition that will have a more significant impact on costs, asset values and earning capacity than many earlier transitions,” Linda Sigrid Hammer, Principal Consultant, E…
Charting practical paths to comply with carbon reduction trajectories Read More »