Tag: positive
Positive outlook for carbon shipping amid big push to solve technical challenges
Carbon Capture and Storage (CCS), a promising decarbonization method, requires a value chain for CO2 transport and storage to serve estimated future demands. DNV’s Mathias Sørhaug surveys the status, challenges and opportunities of CO2 shipping within the CCS value chain featuring key insights from energy company Equinor and Athens-based shipowner and mid-stream service company ECOLOG.…
Tankers: Positive News From Venezuela
The tanker market could be set for a boost in cargo demand as a result of the return of Venezuelan oil to the market. In its latest weekly report, shipbroker Gibson said that “earlier this week, the United States announced that it has temporarily lifted sanctions on Venezuela’s oil and gas sector through the issuance…
Dry bulk trade volumes positive but prospects hold downside risks says MSI
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market according to Maritime Strategies International. COVID-related supply chain inefficiencies and associated port congestion have almost fully unwound and while the MSI outlook on the prospects for trade volumes this year is considered positive,…