Shipping industry behemoths are actively joining forces to reduce their environmental impact. It’s a move which could have major implications for shipping moving forward. In its latest weekly report, shipbroker Gibson said that “whilst we all know that…
Shipping Gets Together to Reduce Emissions Read More »
Capesize The Capesize market continued to decline this week, albeit at a more gradual pace, as tonnage demand has become lacklustre to close out the year. The end of the week brought about a small uptick of +244 to settle the Capesize 5TC at $14,421, p…
Dry Bulk Market: Capesize Segment Still Under Pressure Read More »
Expected rise in demand for carbon-neutral LNG under decarbonisation goals pushes the sector to reduce CO2 emissions, driving advancement in LNG shipping. Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to…
LNG inching towards carbon neutrality Read More »
Demand for oil cargoes headed to India has taken a turn for the worse, as the country with the second largest population is grappling with the effects of the coronavirus. In its latest weekly report, shipbroker Banchero Costa said that “India is now th…
India’s Crude Oil Imports Negatively Impacted By Covid-19 Read More »
Demand for oil cargoes headed to India has taken a turn for the worse, as the country with the second largest population is grappling with the effects of the coronavirus. In its latest weekly report, shipbroker Banchero Costa said that “India is now th…
India’s Crude Oil Imports Negatively Impacted By Covid-19 Read More »