After posting a robust increase of 19.8% in 4Q22, the Drewry Port Equity Index’s performance remained muted YTD (ending 30 May 2023) with a valuation loss of 2.1%. Increased fear of recession, higher inflation and heightened interest rates took a toll on investor...

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The aim of this new type of vessel is not only to provide a solution for supplying biofuels, but also to help decarbonize the naval industry by mitigating and reducing the emissions from its fleets. The design is set up for different propulsion alternatives...

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As people continue to gather in expanding cities, noise pollution has been described as the next public health crisis. In the ocean, this situation is aggravated as sound travels further in water than it does in air. With the sound from a ship’s propeller hitting up...

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One of the largest shipping companies in Europe, DFDS, will alter their routes and slow down to reduce the risk of collisions with endangered sperm whales in the Eastern Mediterranean Sea. The planned changes should halve the risk of DFDS ships colliding with sperm...

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The global MABUX bunker indices displayed a consistent downward trajectory by the end of the 22nd week. The 380 HSFO index decreased by 9.38 USD, falling from 487.89 USD/MT in the previous week to 478.51 USD/MT, and remaining consistently below the 500 USD mark....

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Shell and Deloitte have released All Hands on Deck 2.0, which shows some progress has been made toward decarbonisation of the marine sector. However, action and investment must increase in both size and pace to achieve the ambition of being net zero by 2050[1] – as...

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