RECENT NEWS
Widening Gap on Green Goals: UCL Energy Institute
Shipping is falling behind the trajectory needed to achieve its 2030 green fuel ambitions, with weakening demand, stalled finance and regulatory uncertainty increasingly threatening to undermine strong progress in technology and fuel supply. That’s the conclusion of...
Dry Bulk Shipping: Capesize Market Sentiment Gradually Improving
The Capesize market surrendered all of last week’s gains, extending its decline despite a firmer finish to the week. The BCI 182 5TC fell $2,796 from Monday’s opening level, although it recovered $296 on Friday to close at $45,731. Sentiment softened across all key...
Tankers: Can the US Sustain Increased Crude Export Capabilities?
The tanker market could be facing a lack of crude oil cargo supply, should infrastructure in major oil exporting countries, like the US, shifts domestically. In its latest weekly report, shipbroker Gibson said that “US crude exports have grown strongly in recent...
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