MOL said the STS operation cuts down the travelling time of its Vladimir Rusanov by about a week
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A resurgence is quietly underway in the crude tanker market, as a number of plays are helping alleviate oversupply issues. In its latest weekly report, shipbroker Banchero Costa noted that “in October, Chinese crude oil imports reached a new reco…
So far in 2018, the shipping freight markets have been proven uninspiring; current freight indices produced by the Baltic Exchange, the Shanghai Shipping Exchange and other data providers are comparable to year-old levels, give or take some “normal” vo…
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As with many other industries, key players in maritime are increasingly spurred on to accelerate innovation and adopt new technologies in a bid to stay ahead of the curve. Although the uptake of technologies and innovation has been relatively slow in t…
Industry collaboration key to unlocking full advantages of technology in maritime Read More »
Few industry players have installed a system so far, said BIMCO, and a last-minute rush could lead to bottlenecks and…
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