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Shipping Decarbonization Weekly Insights
Latest Trends on fuel transition, shipyard actions, government, ports, financing and industry players.
MEPC 78 has been scheduled to take place from June 6 to 10 and MEPC 79 from December 12 to 16. Following on from an earlier submission led by Kiribati, a proposal sent this month by Australia, Canada, Jamaica, Japan, New Zealand, Norway, Solomon Islands, the United Kingdom, and the United States has called for the IMO to revise its 2050 target to ensure shipping is a zero-emissions emitted by 2050.
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China's Coal Production Growth And Renewable Energy Generation Growth Remain Strong
It is concerning for China's coal import prospects that domestic production has remained so strong.
China’s coal production set another all-time high in March coming in at 395.8 million tons. This is 52.5 million tons (15%) more than was produced in February and is up year-on-year by 55.8 million tons (16%). Overall, we continue to stress that it is concerning for China's coal import prospects that domestic production has remained so strong.
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Chinese Dry Bulk Imports Under Pressure
Better-than-expected data highlighted some potential concerns for the coming months
The continued lockdowns and other Covid-related restrictions in China have put renewed focus on the long-term outlook for the world's second-largest economy. While the growth rate for the first quarter of the year surprised on the upside, the better-than-expected data highlighted some potential concerns for the coming months.
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Signal Dry Bulk Weekly Report
Snapshot of Spot Freight Rates, Supply-Demand Trends, Port Congestions
The Supramaxes now receive a premium over all other sectors as several trades for these vessels see fresh demand. We look at where the new demand is coming from.
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The Bigger Picture: Shipping In The Next Decade
Some of the most discussed macroeconomic themes and gauge their impact on the shipping industry
The first quarter of the year comes with an overall upward trend in the number of vessels in waiting and operating status at worldwide ports. Although the last year seemed to be the year of record-high levels, we have seen even stronger figures each month in 2022
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Time Is Running Out, It’s Time To Slow Down
It will become very difficult for all companies that exist today to remain competitive
Do you remember your first introduction to climate change? Truly remember? Take a moment and think about it. The wording itself is nothing new now, feels like it’s been around for a while. Even the sense of urgency has seen its novelty wear off, if only generating action in a begrudging way as if to say “I get it, I’ll do something about it, if only you’d stop talking about it”
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Carrot And Stick Towards Decarbonization In Shipping
How Financing can separate sustainable performance from hot air, in challenged shipping sector
Recently, the International Maritime Organization declared to aim a radical cut of CO2 emissions from ships in half by 2050. Many criticized such a target as an ambitious wishful thinking, while its 40% reduction target for 2030 compared to the 2008 baseline, seems totally outrageous if ships currently in operation would not immediately be involved in modification of their environmental behavior.
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