Trying to see the shipping market’s “glass” as “half-full”, shipbrokers are estimating that even under the worst-case scenarios, when it comes to the future growth of the global economy, shipping should manage. In its latest weekly report, shipbr…
Will Shipping “Sink or Swim” in a Sluggish Global Economical Environment? Read More »
A further slowing of global dry bulk trade growth momentum unfolded last year. Estimates suggest that in 2019 as a whole growth was weak, below the previous year’s increase. Signs point to a similar outcome – a weak increase – in 2020. Alth…
Dry bulk trade in 2020: continuing sluggish growth? Read More »
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric tonne (MT) and dropped USD 99 to USD 641 per MT on 22 January. The price has also fallen in other ports …
Low-sulphur fuel oil prices drop USD 99 per MT in Singapore Read More »
With the majority of shipping markets on a downward path, market delegates were expecting an increase in ships’ recycling activity and this scenario is now materializing. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “i…
Demolition Market Off to a Good 2020 Start Read More »
Climate change requires urgent action in all sectors of the economy – including maritime shipping, which carries close to 80% of global trade and accounts for 2-3% of global greenhouse gas emissions (GHG) annually. This is comparable with the emi…
How decarbonizing shipping could unlock a global energy transition Read More »