Earnings will go up as fuel costs go down. Will we also see an evaporation of slow steaming and higher freight rates as Saudi Arabia starts to produce oil at maximum capacity? As BIMCO often highlights, the oil tanker shipping market is at the mercy of…
There have been some dramatic changes in China’s automotive industry in the past few years. Demand has soared in emerging markets. The industry is consolidating. Supply chains have become far more complex and internationalised. It’s a fast-moving, dyna…
US crude oil exports to China, the third-largest export destination in 2018, fell by nearly 100,000 bpd to average 133,000…
Related StoriesAutomation can keep ports competitive, but job losses are a worryChina shi…
US sees highest-ever crude oil exports in 2019 despite trade war Read More »
When it come to ship efficiency and emission reduction, the next frontier is devising better means to keep hulls clean from biofouling in the five years between dry dockings. Finding best solutions on hull coating and cleaning is major point…
‘Hull Skate’ Your Way to Cleaner Hulls, Better Fuel Efficiency Read More »
With the Standard 22 NX, Raytheon Anschütz has introduced a gyro compass combining proven sensor technology with the advantages of latest interface and networking standards.Raytheon Anschütz has designed the new gyro compass Standard 22 NX which aims t…
New Gyro Compass Launched Read More »