Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in the face of new greenhouse gas regulations. In April 2025, the International Maritime Organization (IMO) introduced a new landmark decarbonization framework, slated for...

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Furetank is now taking a crucial step towards fossil freedom, operating its EU-based fleet on biogas. A large-scale agreement for mass-balanced biomethane enables an immediate transition to renewable operations. New EU legislation has made it possible for Furetank to...

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A flurry of new regulations has entered into force since the beginning of the decade for shipping, leading to an increasing cost burden, depending on the ships class and type, as well as its area of activity. In its latest weekly report shipbroker Gibson said that...

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Capesize The Capesize market delivered a mixed yet broadly steady performance this week, with underlying demand offering support despite some midweek pressure on rates. The Pacific started strongly, driven by strong miner activity and firmer C5 fixtures that helped...

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