Green Technology & Alternative Fuel Uptake
Clarksons Research have recently released their latest Green Technology Tracker, including first half 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet.
2023 Shipping Market Review
Although our average day rate index, the ClarkSea, fell y-o-y (driven by “normalised” container markets), it remained 33% above the ten year trend with gas, tanker, offshore and car carrier all experiencing strong conditions and dry bulk and containers (Red Sea disruption) rallying late on. With a return to trade growth and a good flow of newbuild and S&P, it was another positive year for many.
Offshore Oil & Gas: Half Year Review
First half 2023 statistics for the offshore oil and gas vessel and rig markets have been released by Clarksons Research, with encouraging trends continuing: The Clarksons Offshore Index (covering rig, OSV and subsea dayrates) up 18% across 1H-23 to 99 points, the highest level since 2014.