Tag Archives: Shipping

Ports & Shipping

Shipping News

LNG shipping rates climb to multi-month highs on demand for vessels Freight rates to ship liquefied natural gas (LNG) rose to multi-month highs this week as a surge in demand for the super-chlled fuel has increased the need for vessels …

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Ports & Shipping

Shipping News

Decarbonisation a defining financing factor Shipping companies that do not have a strategy to decarbonise are likely to be pushed out of the market as financing options become more expensive, according to Stephen Fewster, global head of shipping finance at …

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Ports & Shipping

Shipping News

Scrubbers for the future Almost as long as scrubber technology has been commercially available for shipping, questions have been raised about the potential longevity of the technology. The potential for extending the scope of scrubber technology beyond reducing SOx emissions …

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Ports & Shipping

Shipping News

Shipping moving towards zero-emission period More needs to be done, in order for shipping to transition to the zero-carbon era. In a recent weekly report, shipbroker said that “energy is at the core of the global climate dialogue as the …

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Ports & Shipping

Shipping News

Newbuilding ordering activity in slowdown mode Newbuilding contracting has slowed down over the past couple of weeks, a development attributed by shipbroker to the usual summer lull. In its latest weekly report, shipbroker said that “the typical summer lull has …

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Ports & Shipping

Shipping News

ICS reaction to EU ETS shipping extension The International Chamber of Shipping (ICS) has released a statement following the European Commission’s proposed extension of the EU’s Emissions Trading System (ETS) to cover the international shipping sector. Other than as an …

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Ports & Shipping

Shipping News

Newbuilding contracting picks up pace Proman Shipping announced signing for a further two firm 50k MRs, with delivery of both vessels set for 4Q 2023, bringing the series to six overall”. The renewal process of the global fleet has picked …

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