Tens of millions of barrels of crude and oil products stored on tankers at sea due to the coronavirus crisis are being sold, in a sign fuel demand is recovering as lockdowns ease, shipping sources say.Fuel demand tumbled as much 30% from March to May…
Oil Barrels Come Off the Water as Storage Boom at Sea Fades Read More »
Larger tankers are cannibalising market for product tankers as transport fuels demand rebound slows
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Containerships were found to have accounted for over 30% of CO2 emissions in 2019, with oil tankers and bulkers accounting…
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Shipping gas emissions decline as fleet shrinks — EU study Read More »
Coronavirus has had huge impacts on the cruise and ferry sectors and this will be reflected in shipbuilding orders and…
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Cruiseship deliveries may be extended with orders at record high Read More »
High Speed Transfers, a UK-based offshore Crew Transfer Vessels (CTV) provider, is expanding its fleet with a new hybrid CTV.The company has awarded a contract to Diverse Marine & Chartwell Marine Ltd to deliver the new hybrid Chartwell 24, “HST Ella”…
High Speed Transfers Orders Hybrid Crew Transfer Vessel Read More »