Decarbonising C5
A Green Corridor for Iron Ore Shipping from Australia to China is Feasible
C5 is the Baltic Exchange’s code for the voyage from Australia to China on Capesize ships. It carriers the heaviest weight in the Baltic Capesize Index and therefore is a key component of the Baltic Dry Index, used as a bellwether by investors the world over. It is a vital trade route for a vital commodity. How hard would it be to decarbonise it? I’ve had a go at estimating the numbers and the answer is that it could be decarbonised relatively easily, with some incentives in place such as a shipping emission tax.
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Benefit in 14 Weeks from my 25 Years’ Experience
Shipping markets may not behave in a systematic way but the way we understand them can be approached systematically. Learn my step-by-step way to deep dive into any market in my Online Certificate in Shipping Markets Analysis, hosted by Lloyd’s Maritime Academy.
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Beach Reading? Look no Further!
China’s plan to surpass the US as the world’s largest economy spans a sixty year period from 1980 to 2040. None of it is possible without Chinese control of its ocean transport requirements. Find out how China is achieving this in my book, The Rise and Rise of Chinese Shipping 1980-2040, only £14.99 from our online shop.
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