Cost for very-low sulphur fuel oil rises almost 4% during Lunar New Year holiday, according to Ship & Bunker
Bunker prices and holidays pummel capesize rates for Australia-to-China trade Read More »
U.S. offshore vessel owner Harvey Gulf International Marine said it is the first in the world to operate a carbon-neutral platform supply vessel (PSV).The company announced on Monday that one of its tri-fuel vessels has started operating exclusively…
Harvey Gulf Operates First Carbon Neutral PSV Read More »
A slowdown in seaborne crude oil imports from China, the biggest market for tankers, has inevitably hurt the segment in 2021. In its latest weekly report, shipbroker Banchero Costa said that “the year 2021 was once again a very bad year for crude oil t…
Chinese Oil Imports Hurt Tanker Trade in 2021 Read More »
World trade normalises and continues to grow despite challenges Going into 2022, we expect trade growth rates to return to their pre-pandemic levels in line with a continued but weakened global economic recovery. 2021 was an exceptional year driven by …
Clogged supply chains won’t hold back trade Read More »
As European gas prices continue to make headlines across the world, SSY LNG analyst Thanos Felios looks at what’s behind the rise of LNG prices and the impact this has on the LNG Shipping market. Supply from Russia With Europe relying on Russia for aro…
LNG supply and demand creates continued volatility Read More »