How the OSV shortage is sparking a digital transformation
A shortage of OSV vessels is a catalyst for significant digital transformation within the industry. Many OSV vessels were decommissioned…
Safe mooring: Navigating new IMO regulations with DNV
The high frequency of mooring operations and a high level of human involvement have resulted in multiple safety incidents related…
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…
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…
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…
Shipping analyst: Red Sea crisis is preventing a freight rate and liner profit collapse
The longevity of the Red Sea crisis holds the key to global freight rate levels and the fortunes of container…
Tanker Flows In a State of Constant Flux
Ton-mile demand is up across the board in the tanker market, helping keep rates high. In its latest weekly report,…
Dry Bulk Market: Negativity Engulfs Larger Bulkers
Capesize The Capesize market endured a challenging week, marked by persistent negativity across both the Pacific and Atlantic regions. The…
VLCC AG-Far East tonne days: A downward revision in the growth of VLCC tonne days from AG to the Far East from March onwards
As April draws to a close, the crude freight market sentiment for VLCC and Suezmax tankers segments confirms a downward…
Tankers: Arabian Gulf Crude Oil Exports Retreated in the First Quarter of 2024, Despite Global Positive Momentum
The global seaborne crude oil market grew during the first quarter of 2024, but this wasn’t the case with the…