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The dawn of Red Sea shipping is emerging, and the industry is optimistic about a comprehensive recovery by 2025
A new survey by well-known shipping consulting firm Drewry shows that over half of the shipping industry respondents predict that the container ship market will fully recover from the Red Sea shipping routes by 2025.
View DetailsThe capacity of dry bulk carriers and oil tankers will continue to increase in 2025
Intermodal, a shipbuilding brokerage company, stated in its latest weekly report that as we enter 2025, the dry bulk and tanker transportation markets will face more uncertainty. Global geopolitical tensions have intensified market volatility, affecting current market sentiment.
View DetailsGrowth of 38%! 515 orders for alternative fuel vessels by 2024
The latest data from DNV's Alternative Fuel Insight (AFI) platform shows that the global new shipbuilding market will perform particularly well in 2024, with a significant increase in orders for alternative fuel ships, reaching 515 ships (excluding LNG carriers), a 38% increase compared to 2023, highlighting the shipping industry's commitment to decarbonization.
View DetailsThe heavyweight shipping carbon emission regulations have officially come into effect!
On January 1st, the newly introduced carbon intensity regulation by the European Union, FuelEU Maritime, officially came into effect, forcing the European shipping industry to make difficult choices in terms of fuel efficiency and low-carbon propulsion systems.
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