The Shipping Industry Can Help Carbon Capture Sail Ahead
Carbon capture, utilization, and sequestration (CCUS) is shaping up to be an important decarbonization lever owing to its ability to…
Ship Recycling Market in Sea of Calm
The ship recycling market has remained in a sea of calm, with low activity. In its latest weekly report, Best…
Dry bulk contracting falls 70% below average amid low rates
“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in…
Global shipping finance portfolio moves closer to alignment with net zero climate goals
Continued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to…
Tanker Market: Saudi Arabia Crude Oil Exports Down During 2024
Tanker demand from Saudi Arabia has been declining steadily since the start of 2023, with this year proving to be…
Tackling a growing cybersecurity threat in an increasingly connected industry
As shipping continues to embrace digitalization, the threat of cyber-attacks has never been higher. Stakeholders across the maritime industry are…
Tanker Market Declined During November
The tanker market show weakness during the month of November, OPEC said in its latest monthly report. Dirty spot freight…
Tackling record-breaking carbon emissions doesn’t always mean higher ocean freight spend – here’s why
Total emissions from container shipping in the first 10 months of 2024 are up 13.8% globally compared to 2023 and…
Dry Bulk Market: Capesize Market Faces Another Difficult Week
Capesize The Capesize market faced a difficult week, marked by steady declines and a lack of support across both the…
Tankers: Choppy Waters Ahead
The tanker market could be headed for some turbulence in the coming months. In its latest weekly report, shipbroker Gibson…