Malaysia’s MISC linked to purchase of major stake in local FPSO rival
But analysts say there is a lack of financial synergies from the non-floater segments
Malaysia’s MISC linked to purchase of major stake in local FPSO rival Read More »
July 2024
DHT Holdings reveals third-quarter spot market slump after locking in time charter
New York-listed tanker owner also ‘expedites’ newbuilding orderbook
DHT Holdings reveals third-quarter spot market slump after locking in time charter Read More »
Tanker Market Hit By Lower Oil Supply
A combination of factors has taken its toll on the tanker freight market over the past few weeks. In its latest weekly report, shipbroker Xclusiv said that “oil prices are trading near a two-month high, at levels not seen since April 2024, as refinerie…
Tanker Market Hit By Lower Oil Supply Read More »
INTERCARGO joins shipping industry in calls for IMO to amend flaws in the Carbon Intensity Indicator
With discussions regarding the IMO’s (International Maritime Organization) Carbon Intensity Indicator (CII) due to recommence at their Marine Environment Protection Committee (MEPC) 82 meeting in September, INTERCARGO, the association of dry bulk shipp…
Dirty & Clean Tonne Days
This week’s data underscores a noticeable decline in the growth of tonne days across both the dirty and clean tanker segments. Particularly noteworthy is the VLCC tonne days’ growth rate for July, which is currently maintaining a weaker wee…
Dirty & Clean Tonne Days Read More »