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Friday, 6 November 2026 Reading Room

Finance & Markets

Ports face defining decade in fuel transition

The global race to decarbonise shipping is fast becoming a race to prepare ports, according to Lloyd’s Register’s latest Fuel for Thought: Ports report. While shipowners continue to order alternative-fuel vessels at record pace, port infrastructure, safety frameworks and bunkering capabilities are struggling to keep up, creating what LR describes as one of the defining ...

hellenicshippingnews.com ·

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The Week in Alt Fuels: Ammonia and methanol bunkering gain ground

The list of successful alternative-fuel bunker operations keeps growing, as seen over the past week. Two ammonia-capable vessels received green ammonia in different parts of the world.

  • Two ammonia-fueled vessels received fuel in South Korea and Australia.
  • Methanol-capable OOCL Grace received bio-methanol in China.
  • Only 29 ports globally offer methanol bunkering services.

·hellenicshippingnews.com

GMS Week 45 – Bids Hold Fast Against the Tide

Last week’s improving recycling sentiment has encountered a changing international backdrop. Crude oil has retreated sharply, domestic steel prices have weakened across several destinations, and…

  • Recycling sentiment remained steady despite international factors
  • Brent crude oil dropped towards $99 per barrel, WTI around $91
  • Steel markets, especially Indian plate, moved against recyclers

·hellenicshippingnews.com

COP31: Seas At Risk is calling for urgent action to reduce greenhouse gas (GHG)

As world leaders gather at COP31, Seas At Risk is calling for urgent action to reduce greenhouse gas (GHG) and black carbon emissions to protect marine ecosystems and accelerate a fair transition away…

  • Seas At Risk urges immediate GHG and black carbon emission cuts at COP31
  • Ocean absorbs 90% of additional heat from greenhouse gases, facing severe risks
  • Framework adoption at IMO crucial for shipping climate action transition

·hellenicshippingnews.com

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