Complying with IMO’s short-term greenhouse gas (GHG) reduction strategy will not be easy, but non-mandatory measures will prove more challenging, write MSI’s David Jordan and Will Fray. Read more in Riviera
Dry Bulk
Regulation and market measures combine to reshape the shipping market- Foresight July 2021
As decarbonisation efforts, global regulation, along with the Poseidon Principles gather momentum after what has been a volatile year, even by the shipping industry’s standards, MSI thought it pertinent to publish some analysis looking at what we might achieve in the near-term.
Dry bulk shipping rates reach highs due to strong demand
The dry bulk shipping sector posted its best first half year performance in a decade with rates for Capesize, Panamex and Supramax vessels topping US$30,000/day, Freight Waves reported on 28 June. Read more here
No Letup Yet In Dry Bulk Shipping’s ‘Remarkable Rally’
“This year’s remarkable rally is yet to run out of steam,” said Maritime Strategies International in its latest outlook. Read more in the Shipping Tribune
MSI adds Annual Efficiency Ratio values to MSI HORIZON platform
‘ “The Poseidon Principles AER trajectories are a market measure not a regulation but their alignment with IMO goals makes them an important measure of success in shipping’s decarbonisation efforts,” says Dr Adam Kent, Managing Director, MSI. ‘ Read more in Hellenic Shipping News
MSI urges Poseidon Principles to adjust efficiency calculations
Shipping research company Maritime Strategies International (MSI) said there is a “pressing” need to adjust the ship energy efficiency calculations used by major banks under the Poseidon Principles. Read more in TradeWinds
Less than one in two ships comply with the annual efficiency ratio created by the Poseidon Principles
UK consultants Maritime Strategies International (MSI) has added annual efficiency ratio (AER) calculations used in the Poseidon Principles to its Horizon platform … Read more here
MSI adds Annual Efficiency Ratio values to MSI HORIZON platform
Maritime Strategies International has added an Annual Efficiency Ratio (AER) calculation of vessel CO2 emissions to over 21,000 ships in its HORIZON asset valuation platform. Read more
No letup yet in dry bulk shipping’s ‘remarkable rally’
Container shipping dominates the headlines, but in its shadow, dry bulk shipping is posting its best first half in a decade. Dry bulk, which is notorious for abruptly losing momentum, is still going strong. Read more in Freight Waves
Changing Iron Ore Supply puts emphasis on smaller vessels
Recent months have seen global steel demand accelerate to record highs, as parts of the world emerge from COVID restrictions and lockdowns. Read more in Dry Cargo International