Brazil’s import of Russian clean petroleum products jumps 135%
“Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have…
BIMCO: Dry Bulk Shipping Fundamentals Seen Improving Moving Forward
We expect the supply/demand balance to strengthen in 2024 and weaken in 2025. Supply is estimated to grow by 2-3%…
Demand for Larger Tanker Classes Expected to Increase in Tandem With Ton-Mile Increase
Increasing ton-mile demand is projected to become the norm in the tanker market, prompting many owners to increase their exposure…
Quantifying the opportunity cost: How much is delayed information costing your organization?
Booking the best cargo or the best vessel at the best possible rate is at the heart of the chartering…
Potential Strait of Hormuz closure threatens 21% of global LNG supply
Iran’s recent attack on Israel has escalated the tensions in the Middle East and raised concerns over LNG trade through…
Global Supply Chain Disruptions Are Impacting Ship Recycling
Older ships’ decommissioning is being negatively affected by the persisting supply chain disruptions. In its latest weekly report, Best Oasis…
NYK begins turning old cargo lashing belts into low-carbon fuel
Japanese owner will recycle out-of-date cargo equipment into greener bunkers
Oil company bosses cleared in tanker pollution case linked to Iranian crude
Supreme Court finds there was no crime related to waste handling in Quintero in 2018
‘Green shipping on demand’: Viking Line and Gasum roll out bio-LNG pay-as-you-go charges
Passengers are buying into initiative but it may take longer for freight to sell concept to their clients
Asia-Europe spot rates move higher as Red Sea crisis impacts weekly voyages
The spread between spot and contract ocean freight rates has widened amid fewer voyages from Asia to Europe due to…