Bumper earnings from operating dry bulk ships hauling commodities such as iron ore, coal, and grains, have incentivized shipowners to speed up their vessels, which in turn is possibly amplifying carbon emissions from this segment. The multi-year record dry bulk freight rates have forced the average sailing speed of these ships to a decade high …
The post Dry bulk ships speed up to cash in on bullish market; CO2 emissions a concern first appeared on Hellenic Shipping News Worldwide.