LNG is the best fuel option for owners considering how to extend vessel life and secure CII compliance through retrofit, according to SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG fuel pathway for shippi…
LNG retrofits will rate higher under CII than HFO/scrubber or Vlsfo alternatives Read More »
The tanker market is facing significant crossroads in the weeks and months to come. In its latest weekly report, shipbroker Allied said that “the crude oil tanker market has managed to make successive gains these past few months, with a fair improvemen…
Tanker Market In Crossroads Read More »
Every year, as much as 90% of worldwide trade passes through the maritime transport system. This means that the movement and safe delivery of almost all of our vital foods, medicines, and technologies relies on the dedication of a vast, diverse, and gr…
Navigating the perils of seafarer salary payments – how fintech is finally catching up Read More »
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Network. Recent geopolitical turmoil and focus on ‘energy security’ has placed the LNG sector a…
A structural market shift in the tanker market, could lead to long-lasting effects in ton-mile demand, helping freight rates to sustain a higher level. In its latest market outlook, ship owner Teekay Tankers noted that “crude tanker spot rates increase…
Tanker Market Benefits From Ton-Mile Demand Increase Read More »