Dry bulk market continues to fall as Chinese New Year sets in
Average spot rates across dry bulk shipping have been falling for a month
Dry bulk market continues to fall as Chinese New Year sets in Read More »
January 2023
VLCCs with scrubbers forecast to out-earn those without thanks to wide bunker spreads
BRS Group believes low sulphur fuel and marine gasoil will get more expensive in the coming months thanks to the European Union’s Russian product embargo
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US Limits Vessel Calls at BP Cherry Point Marine Terminal
The U.S. Army Corps of Engineers will modify the Department of the Army permit for the BP Cherry Point Marine Terminal’s North Wing dock to ensure complies with the Magnuson Amendment’s restrictions regarding the handling of crude oil at Puget Sound fa…
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Saudi Arabia Remains China’s Top Crude Supplier
Russia remained China’s second-largest source of crude oil in 2022, following repeat top supplier Saudi Arabia, as Chinese refiners snapped up low-cost Russian barrels while Western countries shunned them after the Ukraine crisis.China’s crude…
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Maryland Pilots Order New Launch from Gladding-Hearn
The Association of Maryland Pilots has ordered its fifth Chesapeake Class launch from Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery is scheduled for early 2024.With a deep-V hull designed by Ray Hunt Design, the new all-aluminum launch meas…
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