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Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Dry Bulker Acquisitions Rise by 34,5% This Year
A significant increase has been notable in the dry bulk market S&P activity so far in 2024. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market
Decarbonization regulations pushing down average speed of global bulker fleet according to new research by Veson Nautical
Estimated carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021, despite an increase in the distance travelled and time spent
Engineering study charts potential of carbon capture technology to help decarbonise shipping
A project assessing the technical feasibility of onboard carbon capture and storage (OCCS) in the shipping sector, carried out by the Oil and Gas Climate Initiative (OGCI), the Global Centre
Ship Recycling Market Showing Signs of Recovery
With the Indian ship recycling market waking up, sentiment is beginning to improve. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the world’s leading cash buyer of ships,
VesselsValue: Mixed Shipping Market Outlook for the Fourth Quarter of 2024
The forecast period up to 2027 suggests a mixed outlook across different vessel types. We anticipate that orders for Bulkers and Tankers will gain momentum, while demand for Containers and
6PAC+ Alliance at the MEPC82: A United Call for a Universal Maritime Levy and Equitable Transition
As the curtains close on the highly anticipated 82nd session of the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC82) in London, the 6PAC+ alliance – comprising of Pacific
Appetite for Newbuildings Remains High
Investors kept on buying newbuildings, despite the lull in the China market over the past week. In its latest weekly report, shipbroker Banchero Costa said that “the Chinese holidays did
IMO makes progress on net-zero framework for shipping
The International Maritime Organization (IMO) has achieved key progress in negotiations towards a set of binding global regulations on the IMO net-zero framework, aimed at achieving the greenhouse gas (GHG)
Modelling the policy impacts on emissions strategies, fuels and future costs
Achieving targets for maritime decarbonization relies on a complex mix of regulation, technological advances and economics. DNV’s latest Maritime Forecast to 2050 contains new research into the impact of drivers