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Dark fleet tanker engine failure blocks Turkish Strait traffic | Tanker values may have peaked as Greek owners avoid dark fleet sales | China leading global clean hydrogen capacity IEA
Offshore wind capacity needs to increase by an additional 50 GW each year over the next 30 years. How can we make sure floating offshore wind is able to play its part?
The International Union of Marine Insurance conference is an annual health check for the shipping industry’s risk cover and as such offers an important, if not at time impenetrably complicated view of the sector as a whole. This week’s podcast offers up a clear explanation of everything you need to know about marine insurance from the people who understand it best. Consider this week’s edition your best, and perhaps only opportunity to learn the marine insurance sector in under 25 minutes
Oaktree Capital Management’s sale of some of its stake in Nasdaq-listed dry cargo vessel operator follows sale of its entire 28% share of Eagle Bulk in June
The decarbonisation goals set out for shipping have rattled the industry but failed to inspire enough confidence in the fuel producers to start investing. That leaves shipping’s zero-carbon revolution is a very precarious situation just at the point that action really need to be ramping up
China’s contribution masked an otherwise flat global throughput performance during 2022, a year that was fraught with the reverberations of Russia’s invasion of Ukraine and profound economic consequences
Relief from the chaos of the past few years will be welcomed by terminal operators; but for container lines, a reversion to normal looks like overcapacity and lower earnings
‘Reglobalisation’ is evidenced by the sharp decline in US port calls from China, while more boxships have arrived in Vietnam, Mexico and Russia
Congestion has ended, removing a revenue stream just as demand slows; but costs incurred during the pandemic — particularly for labour — are now baked in
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