‘Compelling’ tanker orderbook augurs well for rates through to 2026

April 9, 2024

Category: Shipping

The “compelling” tanker orderbook augurs well for freight rates for the coming couple of years, according to multiple researchers. The tanker sector has one of the lowest extant fleet to orderbook ratios, and a minuscule delivery schedule. According to data […]

Singapore’s Pyxis launches its first 100% electric passenger vessel

April 1, 2024

Category: Shipping

The launch event was held on March 27, 2024, at the Clifford Pier, and according to Pyxis, was attended by 300 guests, including representatives from Maritime and Port Authority of Singapore (MPA). MPA congratulated Pyxis on its social media, noting […]

IMO MEPC 81: The clock is ticking for fossil fuel era in shipping

March 25, 2024

Category: Shipping

This marks a step forward in the legal process towards adopting global regulations, referred to as “mid-term GHG reduction measures”, that will help achieve the targets contained in the 2023 IMO Strategy on the Reduction of GHG Emissions from Ships. […]