Once a very important tanker play, Japan’s crude oil imports have been steadily decreasing in the past few years. In its latest weekly report, shipbroker Banchero Costa said that “Japan is one of the largest consumers of oil in the world, relying exclu…
Japan’s Oil Imports Fail to Bring Relief to Tanker Owners Read More »
With commercial shipping estimated to account for between 2-3% of annual global CO2 emissions, there is a strong impetus on the industry to address its impact on the global climate crisis. But the availability of viable and scalable fuel alternatives r…
Can financial incentives help reduce shipping emissions? Read More »
There can be no doubt about it, China is now one of the world’s chemical cluster powerhouses. The country’s industrial and manufacturing might will soon be matched by its rapidly advancing chemical clusters, further driving its transition away from low…
Political Posturing, investment deals and chemical supply chains Read More »
The pandemic effect has changed the dry bulk market’s fundamentals. In its latest weekly report, shipbroker Allied Shipbroking said that “early on in the Covid-19 pandemic, there may have been a minority who from the very beginning could see this as an…
Dry Bulk Market’s Fundamentals Different Than Six Months Ago Read More »
In the past couple of months, it has been a somewhat quieter period in the bunker industry, particularly with regard to VLSFO and LSMGO, with relatively low prices and abundant supply generally. There is clearly a lot of uncertainty about whether oil d…
Monitoring bunker price changes and buying on weighted average price can save you money Read More »