The tanker market showed a mixed bag of results over the past month. According to the latest monthly report from OPEC, dirty spot freight rates showed mixed movement in May, with VLCCs and Aframax generally improving while Suezmax experienced a decline…
Tanker Market: A Mixed Bag During May Read More »
This week’s chart highlights the declining trend in the quarterly volume of dirty oil flows to China for the second quarter of this year, primarily driven by a slowdown in Russian oil exports compared to last year’s record pace. In contrast…
Dirty crude oil flows to China Read More »
The global push towards sustainability is reshaping industries worldwide, with the maritime sector under significant pressure to reduce its carbon footprint. Ardmore Shipping is leading the charge with its Energy Transition Plan (ETP), a comprehensive …
Ardmore Shipping: Leading the charge in energy efficiency technologies Read More »
Dutch dredging and marine services contractor Jan De Nul Group announced it has signed a contract with Indian shipbuilder Goa Shipyard for the construction of a new trailing suction hopper dredger (TSHD). The vessel is a plug-in hybrid specifically…
Jan De Nul Orders Plug-in Hybrid Hopper Dredge Read More »
Much-delayed Fast LNG unit off Mexico to export initial volumes in July
New Fortress Energy tees up its first offshore LNG production Read More »