Coal

- A + A A weekly round-up of tanker and dry bulk market (May 20, 2022) This report is produced by the Baltic Exchange. The Baltic Exchange, a wholly-owned subsidiary of Singapore Exchange, is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. For daily freight market reports and assessments, please visit www.balticexchange.com . Capesize The Capesize market began the week at the summit of the recent rally. This necessitated a breather before sentiment strengthened, helping it to push up throughout the week and marking new highs for the year. The Capesize 5TC rose +US$4,805 over the week to close at US$37,538. The Pacific region, while easily the premium region to trade currently, was in … [Read more...] about Baltic Exchange shipping updates: May 20

Share to Twitter Share to Linkedin International business executive and highly qualified engineer, currently division president for Eaton ’s Electrical Sector in EMEA. Conversations about the energy transition tend to focus on outcomes. The United Nation’s targets are well known—world leaders have signed up to achieve carbon net-zero by 2050 and limit global warming to less than 1.5 degrees Celsius compared to preindustrial levels. Less intently discussed is how the world will meet these targets. Countries are moving at different speeds as they develop appropriate regulatory regimes and work out new approaches to energy generation and management, with little time available to them if they are to succeed in mitigating climate change. Some of this is to be expected. Energy strategies, based on factors such as available natural resources and existing infrastructure, are rooted in decades of history. Yet the need for change is clear, with … [Read more...] about Energy Flexibility And The Push For Carbon Net-Zero