The shipping market stands to benefit from falling oil prices, as fuel oil costs will diminish as well, while the dry bulk segment in particular could enjoy further tailwinds. In its latest weekly report, shipbroker Xclusiv said that “Asia’s seaborne i…
In recent months, the global oil market has experienced notable shifts, particularly in the dynamics of dirty tanker flows from the Arabian Gulf (AG) to both Europe and the Far East/India. These changes are intricately linked to fluctuations in crude o…
Tanker Market Monitor: Dirty Oil Flows from AG Read More »
“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland import…
BIMCO: Chinese coal imports expected to fall 15% to three-year-low Read More »
The UK Marine Accident Investigation Branch (MAIB) has issued its report on the deaths of three stevedores in a cargo hold access space on board the bulk carrier Berge Mawson.On the morning of 27 June 2022, three unconscious stevedores were…
Lack of Training Implicated in Enclosed Space Deaths Read More »
BERG Propulsion is offering the shipping industry its first opportunity to select propeller shafts made using the climate neutral GreenForge® production process.Three Louis Dreyfus Armateurs (LDA) ro-ro vessels due in service from 2026 to carry…
BERG Propulsion Offers GreenForge® Propeller Shafts Read More »