The current situation in Ukraine is having a direct impact on the shipping markets, with Russian seaborne exports being driven off the market. In its latest weekly report, shipbroker Banchero Costa said that “Russia is the fourth largest seaborne expor…
Russian Seaborne LNG Exports Reached 30.3 Million Tonnes Read More »
The growing stringency in environmental regulation has compelled the maritime industry into a major shift in fuels. Regional and national lawmakers are also demanding a faster energy transition attributed to a changing climate of public opinion, affect…
Fuel flexibility starting with LNG Read More »
Tanker supply is set to “fall off a cliff” in 2023, resulting in what a leading shipping analyst describes as a “tremendous” fleet. Dag Kilen, head of research at Fearnleys AS, and a presenter at the Baltic Exchange Tanker Market Insights Webinar, part…
Tanker supply “falling off a cliff” Read More »
A high-tech autonomous interceptor vessel—said to be the world’s fastest—is set to make its debut next week in Saudi Arabia.French group CMN NAVAL will demonstrate the UHSI32 at the World Defense Show from March 6-9, in Riyadh, showcasing its ability t…
World’s Fastest Autonomous Interceptor Unveiled Read More »
French carrier strengthens financial position as annual profits soar to $17.9bn
CMA CGM plots $9bn spending spree after using surging profits to cut mountain of debt Read More »