CIMAC has released a new guideline titled “Frequently Asked Questions (FAQ) – ISO 6583:2024: Methanol as a Fuel for Marine Applications – General Requirements and Specifications.”CIMAC is the leading global non-profit association promoting the developm…
CIMAC Publishes Methanol FAQ Read More »
The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing the deregistration process.The deregistered vessels had been identified…
Panama Purges 107 Ships Read More »
Three Chinese nationals were missing from Ghanaian waters and believed to have been kidnapped after a “suspected pirate attack” on their Ghanaian-registered fishing vessel, the West African nation’s military said on Saturday.Seven armed people…
Three Chinese Nationals Missing After Suspected Pirate Attack Read More »
The tanker market is undoubtedly going to be impacted by the rising popularity of EVs. However, the pace of adoption is turning out to be slower than initially thought. In its latest weekly report, shipbroker Gibson said that “global oil demand growth …
Tanker Market: The EV Impact in Oil Demand Read More »
Capesize The Capesize market started the week on a firmer note but gradually softened as activity failed to gain momentum. The BCI 5TC began positively at $22,311 but declined steadily, closing the week at $20,503. In the Pacific, initial optimism driv…
Dry Bulk Market: Capesize Rates Gradually Softening Read More »