What's breaking now, across thousands of outlets.
At the end of September, a 15-year-old VLCC was valued above a newbuilding for the first time at USD 139.2 mil for 310,000 DWT, compared to USD 138.7 mil for newbuilding vessels. The move is part of a wider inversion of the age curve; a five-year-old VLCC is now valued 55% above a newbuilding (USD ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Maritime transport remains one of the most challenging sectors to decarbonize due to its high energy requirements, reliance on fossil fuels and the long operational lifetime of vessels.
China’s rapidly expanding automotive exports have emerged as a key driver of the Pure Car and Truck Carrier (PCTC) market Source: Intermodal
Shipping is responsible for around 10% of EU ETS emissions but pays almost 20% of the ETS bill. Unlike other sectors, it has never received free allowances.
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Tuesday, rising about 1.9% to a near one-week high of 2,593…
A number of newbuilding orders were reported over the past week. In its latest weekly report, shipbroker Banchero Costa commented that “newbuilding activity this week was broad-based, with significant…
