An update on the latest uptake of ‘green’ technology across the shipping sector
With the shipping community gathering again for Posidonia, in this Analysis we profile the position of the Greek market and the pivotal role it continues to play in global shipping (16% (18%) of global tonnage by gt (dwt)). And with a backdrop of strong markets but building strategic challenges around fleet renewal, energy transition and geopolitics, there will be plenty to discuss and debate!
After a decade of declining output, shipyard production has begun to edge up in recent years with deliveries in Q1 reaching a seven year quarterly high (10.1m CGT). Our projection for full year 2024 suggests a 15% y-o-y increase to ~40.6m CGT, although with a near term product mix dominated by gas carriers and containerships, the outlook varies by tonnage unit.
Despite an easing of overall conditions (our ClarkSea Index averaged a healthy $24,119/day in 1H, down 38% y-o-y but still…
Next week, the 35th Nor-Shipping trade exhibition returns to its traditional summer slot. Like most maritime gatherings today, there will…
