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Six dry bulkers will be equipped with the Wind Challenger hard sail systems, co-developed by MOL and Oshima Shipbuilding, which the Japanese shipping group claims can reduce vessel GHG emissions by up to 16%
Spot rates for US containerised imports from Europe are falling far behind rates from Asia. It could be just a timing effect, or it could be related to weaker demand for the types of goods in the transatlantic trade
Larger listed owners like Star Bulk are slashing their debt. If costly decarbonisation rules are enacted in the future, the balance sheets of these players should give them a major competitive advantage
Patrizia Kern-Ferretti re-elected as chair of the Poseidon Principles for Marine Insurance Association
The latest attack in the Red Sea follows reports by US Central Command that its forces shot down drones in Houthi-controlled parts of Yemen