The world’s first methanol -powered tugboat highlighted the greener future for shipping
At first glance, no one distinguishes the 21 tug from the tugs that function in the Antwerp ports...
Russian oil sanctions created different winners at different times
The crude oil market adapts quickly to new sanctions to the Russian shadow tanker fleet, even by creating...
Europe aims to gather information about Russian tankers rather than seizures: Northstandard
European State Inspection Schemes targeting Russian shadow fleets in Waters of European European waters can help gather information...
The Baltic Index records the third weekly loss at a weaker level in all ship segments
The Baltic Exchange Baltic Sea Transport Index, which tracks the tariff for ships carrying dry bulk commodities, falls...
Tanker: Türkiye crude oil exports farther down in 2024
TImports of crude oil ürkiye fell 16.4% more in 2024, continuing the decline trend in 2023. In its...
Singapore Fuel Oil Stockpiles Rebound Above 21 MLN Barrels
Singapore’s onshore fuel storage volumes bounced back above 21 million barrels and remained above average for the sixth...
Existing ships and ships on order will produce twice the emissions required under a carbon budget aligned with 1.5°C
A new report from UCL’s Energy Institute Shipping and Oceans Research Group assesses the financial risks to the...
The Houthis may reduce attacks on Red Sea ships as long as the Israel-Hamas ceasefire remains in effect, but they are likely to return
The Houthis will likely reduce the frequency of attacks on ships in the Red Sea as long as...
The Houthi group in Yemen says they will only target ships linked to Israel after the ceasefire in Gaza
Yemen’s Houthi group will limit their attacks on commercial vessels to vessels linked to Israel after the ceasefire...
LNG, a direct biofuel solution for shipping decarbonization: Sing Fuels MD
LNG and biofuels are a quick solution to drive GHG emissions reductions for shipping, with LNG potentially capable...
The Baltic index recorded its second consecutive weekly decline due to weak interest rates across segments
The Baltic Exchange’s dry bulk maritime freight index, which tracks rates for ships carrying dry bulk commodities, hit...
Dry Bulk Shipments: Australian Coal Exports to China Jump 51.4% in 2024
AAustralian coal exports to China surge in 2024, helping maintain strong freight demand. In a recent report, shipbroker...