Geopolitics has sent demand on divergent paths, but capacity can be secured if you search a little harder, writes Andrew Buckland, Senior Gas Shipping Analyst, at MSI. Read more at Energy Northern
Month: August 2022
Ultra-long-haul voyages boost VLCC prospects
Nearly six in 10 of all crude tanker voyages will be long or ultra-long-haul by 2026 in a boost for the earning prospects of VLCCs, according to new research.
The reshaping of global trade flows caused by Russia’s invasion of Ukraine is a key factor in the increasing voyage distances, said maritime research and forecasting consultancy Maritime Strategies International (MSI). Read more in Tradewinds
Most container ships fail to meet IMO carbon reduction measures
A new study by MSI has revealed just how far behind the container shipping fleet is in the battle to comply with pending carbon reduction measures coming next year.
Three-quarters of the boxship fleet will not comply with the Energy Efficiency Existing Ship Index (EEXI) regulation to be introduced on 1 January 2023. Read more in Tradewinds