USEA Ocean has received preliminary approval to build and operate a 24-m unmanned vessel on Norwegian waters reports Felipe Lima, CEO at USEA Ocean Data.USEA develops a unique technology for safe seabed data acquisition with help of unmanned vessels an…
USEA Ocean Data one step closer to Uncrewed Ship Read More »
Indonesia’s coal exports surged during 2022, with the EU and India receiving the lion’s share of these increases. In its latest weekly report, shipbroker Banchero Costa said that “after a slow start in the first quarter, global coal trade has really pi…
Indonesia Coal Finds Its Way to the EU and Indian Markets Read More »
Capesize values continued to soften over the course of December with the most dramatic fall seen in 15 year old Capes of 180,000 DWT, down by c.3.4% from USD 20.09 mil to USD 19.34 mil. Sentiment for the Capesize sector has been marred by concerns over…
Capesize values softened in December 2022 Read More »
Record global petroleum consumption is on the cards for 2024, according to the U.S. Energy Information Administration’s first forecast for this year. In its latest Short-Term Energy Outlook (STEO), the EIA forecasts that global liquid fuel consumption …
Global oil demand returns to growth trajectory Read More »
Two MR routes proved bright spots while LR routes across the globe saw declines
MRs creep up while rest of product tanker market struggles Read More »