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News
Coal trade to return to 2019 levels
The International Energy Agency’s mid-year Coal Market Update for 2023 brings both positive and concerning news for the global coal…
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News
More Tankers, Less Bulkers Were Bought in the S&P Market During the First Half of 2023
Ship owners gravitated towards more tanker acquisitions, than bulker ones, during the first six months of 2023. In its latest…
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Carrier reliance on leased container fleet to support higher per diems and cash returns
A downturn in trade and mass disposal of surplus equipment will lead to a 2% contraction in the global container…
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Russian Seaborne Crude Oil Export Volumes Fall 16% M/M And May Fall Further
Russian seaborne crude oil export volumes have remained strong and grew 13% y/y in 2022 despite the invasion of Ukraine.…
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Tugboats of the future will be electric with hydrogen engines
03 Aug 2023by Jamey Bergman Anglo-Belgium Corp (ABC) area sales manager Jean-Pierre Props explains the growing pressures on the towage…
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Tanker Newbuilding Orders Gather Pace
Tanker newbuilding orders have been on the rise, as owners feel more confident to invest, given the record low orderbook.…
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Dry Bulk Market: Capesize Iron Ore Flows From Australia to the Far East a Mixed Bag
In early August, Atlantic Capesize freight rates posted significant increases on both a weekly and monthly basis, driving the Baltic…
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Turning the trend – Update of PSC Top 18 items
Following the COVID-19 pandemic, PSC detentions have been at an all-time high. To turn the tide on this trend, a…
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Ocean Yield buys four LR1 newbuilds on first emissions-linked bareboat charter lease
Andreas Røde (Ocean Yield): “Since Ocean Yield was established in 2012, sustainability and responsibility have been integrated parts of our…
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Yanmar H2 fuel-cell system to go commercial
With its history in diesel engines, Osaka-headquartered Yanmar is rapidly branching out into alternative propulsion systems, having set its sights…
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