Svitzer Suez 1, the first RAstar 2800-CL ASD escort tug, has been delivered to Svitzer Egypt LLC by Cheoy Lee Shipyards and will soon commence operations in the Suez Canal. Svitzer are the first owners of this new escort tug design and a further…
First RAstar 2800-CL ASD Escort Tug Delivered Read More »
The demise of the dry bulk market since the start of October can be easily associated with China’s macroeonomic issues, the Evergrande issue and its impact in the Chinese property market. In its latest weekly report, shipbroker Allied Shipbroking said …
Dry Bulk Market Under Pressure From China’s Property Market Downturn Read More »
The recent COP26 event has again shone a light on the Shipping Industry’s need to accelerate its ambitions around decarbonisation. However, most of the discussions at the conference focused on the ‘bigger picture’ elements of Shipping’s decarbonisation…
When it comes to reducing shipping emissions in Europe, what is a ‘shipping company’? Read More »
China’s pledge to not fund any new coal-fired power plants outside of its borders should sound a loud alarm to those still entrenched in the business of moving coal by sea. The promise, made by Chinese president Xi Jinping at the United Nations General…
Coal cold shoulder intensifies Read More »
A massive storm could limit resupply to Vancouver, and US fuel oil inventories have been drawn to two-year lows. Vancouver has essentially been severed off from the rest of Canada after a storm hit the city overnight on Sunday. While the port of Vancou…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »