The EU-based TwinShip consortium has unveiled the fourth pilot demonstration of the TwinShip Project: an unmanned Ro-Ro vessel powered by green fuels and renewable energy, targeting Net Zero Emissions by 2045.This simulated demonstration leverages…
TwinShip Designs Futuristic Unmanned RoRo Concept Read More »
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilap…
Companies Scramble to Secure Ships to Transfer Venezuelan oil Read More »
U.S. President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run island should strike a deal with Washington, ramping up pressure on the long-time U.S. nemesis and provoking defiant words…
Cuba Defiant After Trump to Cut Venezuelan Oil Read More »
Another layer of uncertainty has been thrown to the already fluid state of the tanker market, after the latest developments in Venezuela. In its latest weekly report, shipbroker Gibson noted that “if anyone expected 2026 to be less eventful than 2025, …
Tanker Market: Venezuela’s Oil Throws Another Layer of Uncertainty Read More »
Capesize The market delivered a mixed but generally softer week, with sentiment gradually weakening despite a brief midweek improvement in Atlantic activity. Following a post-holiday pickup in participation, the Pacific basin remained under consistent …
Dry Bulk Market: Capesize Rates Keep Softening Read More »