China is the world’s largest importer of crude oil, accounting for approximately 25% of global crude import volumes. The country’s crude imports are also equal to about 25% of global seaborne crude oil volumes which contributed to about 30% of dirty ta…
China’s July crude oil imports hit 4-year low and drops 9.2% y/y Read More »
OVERVIEW The adoption of the “Initial International Maritime Organization (IMO) Strategy on Reduction of Greenhouse Gas (GHG) Emissions from Ships” by IMO Resolution MEPC.304(72) in April 2018 demonstrates IMO’s commitment to support the Paris Agreemen…
Sustainability Whitepaper LNG as marine fuel Read More »
Dry standard FEU spot rates on major trade lanes are falling globally, and for the North Europe to Far East trade, it began back in June 2021. However, the long-term reefer rates are moving in the opposite direction on this trade. On 23 August, the ave…
Weekly Container Freight Rate Update Week 34, 2022 | North Europe to Far East Trends Read More »
With increasing digitalisation in maritime comes an explosion in the volume of data being captured. LR Horizons asks LR’s new Chief Technology and Innovation Officer, Chakib Abi-saab how data can be harnessed as a force to build better businesses. New …
How data is transforming decision-making for better, safer businesses Read More »
Hydrogen has been used for decades in a variety of different industrial processes. Oil refining relies on hydrogen to remove sulphur from fuels, it is used as a reducing and oxidising reagent in metallurgical processes, and it is a vital part of the pr…
Hydrogen – Fuel for thought in our Q&A Read More »