Crude oil exports from Norway and the UK, i.e. North-West Europe have been on the rise this year. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil p…
North-West Europe Crude Oil Exports On The Rise Read More »
During the first week of October, the VLCC MEG China rates experienced a downward revision, amid hopes of a recovery. Looking at the demand, growth rates are still significantly lower than what they were the previous year leading to a negative sentimen…
The implementation of the Carbon Intensity Indicator is a significant milestone in the shipping industry’s journey towards decarbonisation, but it has inherent problems. The industry is calling on the International Maritime Organization (IMO) to …
CII review set to address issues Read More »
Atlantic and Pacific basis stay active throughout what was expected to be a quiet week
🚀🚀🚀: Dry bulk whips out the rocket emojis as capesize rates soar 11% in a day Read More »
An explosion that rocked a general cargoship off the Danube was not caused by a mine, Ankara says
Turkey disputes account of mine hitting ship in the Black Sea Read More »