In shipping there have been clear winners and loser in the global war against the Covid-19 pandemic. In the latter camp sit cruise ships and to some extent tankers, who have seen earnings spike from storage demands only to fall back as international oi…
Checks and balances on container rates Read More »
With the recent rapid surge in the COVID-19 cases, coal demand in India is forecast to slow down in May and June to around 15 million tons (mt) each month, down 22% from the April 2021 level, following an 8.4% month-on-month (m/m) rise in April. In the…
Fuel availability is generally good across Europe. Some bunker suppliers have plenty of product to sell amid tepid bunker demand, and a push from refineries to supply as they ramp up refinery runs. Economic activity is on the rise in Europe as several …
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
Clean-up crews worked on Wednesday to contain an oil spill in the Yellow Sea near the Chinese port city of Qingdao, a day after a tanker carrying around a million barrels of bitumen mix collided with a bulk vessel.While a preliminary study by Chinese m…
What Happens When There Is an Oil Spill at Sea? Read More »
Swedish shipping company WALLENIUS SOL said it has added a sixth vessel to its fleet as it expands its service to meet increased demand from several of its customers.The 2001-built vessel, TransFighter, is 179 meters long and features high load…
WALLENIUS SOL Adds Sixth Vessel to Its Fleet Read More »