Russia declares state of emergency as oil washes ashore after twin tanker incidents
A third vessel in fleet of Volgotanker issues distress call
Russia declares state of emergency as oil washes ashore after twin tanker incidents Read More »
December 2024
Russian authorities declare state of emergency as oil washes ashore after twin tanker incidents
A third vessel in fleet of Volgotanker issues distress call
Newbuilding Orders Keep Pouring In
More newbuilding orders have kept on pouring in last week, as ship owners are looking to book berths ahead of the festive period. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector MSC ordered 10 x 24,000 teu carr…
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Tanker market slows as market uncertainty and high values create headwinds
Throughout the course of 2024, tanker values continue to hover around the highest levels since 2009, however the volume of sale and purchase activity for larger tankers has slowed considerably as the appetite for this sector takes a dip amidst market u…
Tanker market slows as market uncertainty and high values create headwinds Read More »
Study finds LNG dual-fuel vessels lowest cost compliance solution to decarbonise shipping
Industry coalition SEA-LNG analysis shows that LNG dual-fuelled vessels provide the lowest compliance cost for meeting EU and IMO decarbonisation regulations. Using Z-Joule’s POOL.FM, SEA-LNG has undertaken analysis based on a modelled mid-sized, 14,00…