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Shipping Decarbonization Weekly Insights
Latest Trends on fuel transition, shipyard actions, government, ports, financing and industry players.
LNG is now leading the way for alternative fuels. There are now 805 LNG-fuelled ships in operation or on order, and 229 more ‘LNG-ready’ ships, according to the latest Alternative Fuels Insight from the classification society, DNV.
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Schrodinger's Put
So it tries to treat a global problem with a local remedy
One of the most famous cats in the world was one owned by Erwin Schrodinger. In 1935, Mr. Schrodinger, a German physicist, devised an experiment.
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Even Greater Weakness In China's Home Sales Recently
As with commercial building sales, sales of residential buildings have now contracted on a year-on-year basis for ten consecutive months.
As we have been highlighting in Commodore's recent Weekly China Reports, sales of commercial buildings in China (the vast majority of which are residential homes) came under renewed pressure in January/February after previously rising to a six-month high in December
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Oil Gains Amid Increasingly Bullish Fundamentals
A stronger USD also weighed on investor appetite
Weak economic data and warnings that growth will continue to slow due to tighter monetary policies saw sentiment suffer across commodity markets.
Ongoing Strength In India (Including Domestic Coal Production)
The Indian economy has continued to fare particularly well this year and India’s government continues to make very prudent decisions.
The Big Picture: Supply Update
Growth to stay low
At 914m dwt, the dry bulk fleet has grown by 1.5% so far this year. We have taken a fresh look at our assumptions for supply going forward and outline some of the results below.
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