The UGS issues a Technical Report on the decarbonisation of the shipping sector

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The Union of Greek Shipowners (UGS) has issued a Report on technical aspects related to the decarbonisation of the shipping sector, which supplements the UGS Survey of Alternative Fuels -Technologies for Shipping (released in May 2021) and presents a technical perspective on the potential alternative marine fuels and vessel technologies that need to be developed to enable [...]

Danaos Shipping chooses Navarino to roll out Fleet Xpress with Infinity across its fleet of 69 container ships

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Danaos is working with Navarino on a major project to install Inmarsat Fleet Xpress (FX) across its fleet of 69 vessels, using Sailor 100 GX terminals. The company has chosen to use CIR (Committed Information Rate) FX plans in order to guarantee connectivity speeds even in congested areas and it is combining the connectivity of [...]

Celestyal Cruises launches early “BLACK FRIDAY BOGO” up to 50% discount

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“Black Friday BOGO” All-Inclusive Cruises Start As Low As €259 Per Person; Children Cruise Free Plus No Single Supplement Celestyal Cruises, the award-winning, number one choice for cruise travellers to the Greek Islands and the Eastern Mediterranean, launches its “Black Friday BOGO” campaign early this year. The campaign runs from 22nd October to 30th November [...]

Chinese coal and iron ore imports down from last year

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Despite the very strong freight rates and the apparently tight market, the all-important driver for dry bulk shipping, China, has in fact seen imports of its two largest dry bulk commodities shrink year-on-year so far this year. The two largest imported commodities for China, iron ore and coal are however, interestingly on two different trajectories, [...]

Weekly S&P Report – 25th October 2021 By Xclusiv Shipbrokers

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Rising inflation is creating anxiety around the world as a significant increase in demand, following the easing of Covid-19 lockdowns, has been confronted by rising prices of energy and raw materials and notably supply bottlenecks. In many countries, these sharp consumer-price increases have evoked more or less similar responses from most central banks, by raising [...]

Weekly Shipping Market Update 18th – 24th October, 2021, Week 42 By George Lazaridis, Head Research & Valuations of Allied Shipbroking

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The Capesize market has witnessed an excessive level of volatility as of late. Being a “late bloomer” in this year’s dry bulk rally, it has managed to plot an extraordinary course since the mid-summer season, reaching a decade high peak in early October. Since that point the market has noted a sharp correction losing close [...]

Weekly Market Report / Week 42 |Tuesday 26th October 2021 By Dimitris Kourtesis, Tanker Broker of Intermodal

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Crude Oil & Refined Oil Following the COVID19 pandemic we’re at last facing some solid improvement on oil market fundamentals. Since Jan 2021, crude oil prices slowly started to climb the ladder lagging the rally in metal-based commodities, while since the last week of August we’ve seen significant gains of more than 25% with Brent [...]

ABS navigates the Energy Transition

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In view of the latest trends in the reduction of GHG emissions and the technologies developed to prevent the release of CO2, ABS has presented a review for Carbon, Capture, Utilization & Storage. Climate change is a serious issue and projected greenhouse gas (GHG) emissions present a serious concern for the environment in the near [...]

Maritime industry embarks on carbon transition pathway By Ralf Garrn, Scope Group

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Decarbonising transportation and corporate supply chains are vital elements of climate-change mitigation. Shipping is under the spotlight as banks, investors, governments and other stakeholders scrutinise the sector’s emissions intensity. The International Maritime Organisation’s environmental and governance indicators and emerging mandatory standards – including the Carbon Intensity Indicator (CII), the Energy Efficiency Existing Ship Index (EEXI) [...]

Eyssautier-Verlingue reinforces its presence in Greece and opens offices in Athens

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From 1st September 2021, has set up a permanent presence in Athens, to get closer to its clients and to reinforce its presence in Greece. Eyssautier-Verlingue is the French international marine broker in Greece and has a long and strategic history with the local shipping industry. Its involvement with Greek Shipowners started in the 80’s, [...]

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