Weekly Bulk Report – Week 37, 2021
The Baltic Exchange has released a report about the dry bulk market for the 37th week of shipping activities of this year. The report dated 17 September highlights the dry bulk market conditions at...
Platts To Launch TCE Assessments For Ultramax
Platts adds new Ultramax assessments and ups cargo sizes on key coal routes
assessments for Ultramax class dry bulk ships on three routes — Australia to Vietnam, Indonesia to China and Persian Gulf...
Keel Laid by Hudong for Second LNG Tanker for COSCO and CNPC
Chinese shipbuilder Hudong-Zhonghua has held a keel-laying ceremony for the second LNG vessel it is building for compatriot shipowner COSCO and energy giant CNPC.
The yard held the ceremony for the 174,000-cbm LNG...
Exports of Clean Marine Fuel in China Plunge
China's exports of clean marine bunker, or very low-sulphur fuel oil (VLSFO), dipped 2% in August from a year-ago period, customs data showed on Monday.
Exports during January-August rose 42% to 13.12 million...
Oil Companies Pledge Net Zero Target
Net-zero target includes Scope 1 and 2 emissions.
Says more answers needed to achieve Paris climate targets.
Plans to end "routine" gas flaring by 2030.
A Platts news source by Robert Perkins says that...
Seafarers Feel Broken, Port States Unfair Treatment
The shipping industry is putting increasing attention and focus on decarbonization.
The crew change crisis has not ended, and vessel operations are still heavily dependent on thousands of dedicated seafarers.
A recent news article...
CMA CGM Data Hacked Again!
CMA CGM has suffered another cyber attack in less than one year from the previous security breach.
It has hit the company's peripheral servers and caused severe challenges in its Information Technology (IT) infrastructures.
A...
Article 6 May Trigger a Split in Carbon Finance Market
Policymakers meeting at the United Nations Climate Change Conference, or COP26, in Glasgow will be held in November
A tense debate on whether or not private buyers of carbon credits should also be...
Consequences of Port Closure Due to COVID-19
Freight rates and port congestion levels increase due to Port closures caused by COVID-19 outbreak
Fleet growth is expected to slow down in 2022
BIMCO expects the container market will remain strong well...
Is China Already The World’s Most Dominant Economy?
Men 2010, when President Barack Obama welcomed his Chinese response to the summit in Washington, DC, He greeted him with a handshake and a quick, shallow dip in his head. An image of the US...