The product tanker market has enjoyed some positive momentum so far this year, despite the fact that Russian clean product exports have been retreating. This can be attributed to the higher ton-mile demand. In its latest weekly report, shipbroker Banch…
Russian Clean Product Exports Down 5.1% During 2022 Read More »
Such are the severity of the top issues affecting the maritime industry at the moment, that they remain unchanged in 2022 in comparison with 2021, according to the Global Maritime Issues Monitor. The report – jointly published by the Global Marit…
Regulations and decarbonisation top impact ranking Read More »
The 8th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 8) was held from 14 to 23 September 2022. CCC 8 finalized interim guidelines for ships using LPG as fuel, continued work on guidelines for hydrogen as fuel and started …
IMO update: sub-committee on carriage of cargoes and containers – CCC 8 Read More »
Active sale-and-purchase market sees tanker values continue to soar past highs of more than a decade ago
Remember February 2009? That’s the last time tanker S&P indices were this high Read More »
For the first time, a portable laser shock peening system has been developed for and demonstrated in a shipyard environment and on board a U.S. Navy warship to combat aluminum cracking.On June 24, 2022, through a 2020 National Shipbuilding Research Pro…
Portable Laser Shock Peening System Demonstrated for the US Navy Read More »