Signal Ocean’s preliminary data, derived directly from Voyage Details movements, indicate a sharp reversal in U.S. crude oil flows in November, following a standout performance in October. Flows climbed to 129.8 M barrels in October 2025, the strongest…
MARKET INSIGHTS: Oversupply Ahead? Early Signs Signal Weaker U.S. Crude Oil Flows Read More »
Mikkel Skou, Executive Director of Veracity by DNV Mikkel Skou is Executive Director of Veracity by DNV, with over 25 years of experience driving digital transformation across the maritime and energy sectors. With expertise in digital ecosystems, AI, a…
Trusted data for decarbonization: Growing a maritime data ecosystem with Veracity Read More »
The English Court of Appeal has addressed the appropriate interpretation of clause 29 of the BIMCO Barecon 2001 standard form of bareboat charter – the clause which concerns the repossession of a vessel following early termination. The Court of Appeal …
“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has g…
Crude tanker fleet renewal to accelerate as order book/fleet ratio hits 9-year high Read More »
This was a dispute relating to mergers and acquisitions (M&A) advisory work carried out in respect of the merger of two crude oil tanker operators. The Court dismissed the advisory company’s claim in restitution for more than US$11.5 million for se…
Shipping Joint Ventures Read More »