Gulf of Guinea crude oil exports have year-to-date contributed 13.7% of VLCC’s tonne miles demand and 16.5% of Suezmax’s. A 13.5% y/y drop in Nigerian year-to-date crude oil output has been the main drain on demand and caused a 5.9% decline in tonne mi…
Crude oil tonne miles out of the Gulf of Guinea down 5.9% so far in 2022 Read More »
Rhe Board of Commissioners of the Port of New Orleans (Port NOLA) on Thursday elected Jack C. Jensen, Jr. to serve as Board Chairman, succeeding Charles H. Ponstein, whose term as Chairman ended this month. Also elected were Joseph F. Toomy, who will s…
Port of New Orleans Board Elects Jensen as Chairman Read More »
Jeremy Nixon says fuel oil prices need to come up for shipping’s decarbonisation, but market-based measures could drag on
Marine News spoke to leaders at three North American naval architecture and marine engineering firms about some of the latest trends impacting their business today. Mike Fitzpatrick, president, Robert Allan Ltd.; Jeff Bowles, director, DLBA Naval Archi…
Roundtable: North American Naval Architects Weigh In Read More »
Swedish furniture giant wants ‘drastic emissions cuts’ as part of goal to slash carbon in half
IKEA swears off using offsets in achieving net-zero fuel goal Read More »