As the maritime industry shifts towards low-GHG fuels, ensuring safety during this transition is paramount. This article highlights the critical measures and considerations necessary for a safe and effective switch to low-carbon fuels and technologies….
Switching safely to low-GHG fuels and technologies Read More »
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its annual conference in Singapore. The global marine insurance premium base for 2024 was reported as USD39.92 billion, representi…
Russian crude flows are still one of the main talking points in the tanker crude market, especially after the latest round of sanctions. In its latest weekly report, shipbroker Gibson said that “Western economies are turning up the heat on Russia, tigh…
Tanker Market: Russian Crude Remains at the Forefront Read More »
Capesize The Capesize market experienced a shifting sentiment over the week, starting on a steady but subdued note before softening midweek, before gradually improving across both basins with renewed support towards the close. In the Pacific, consisten…
Capesize Market Experiences Market Shift Last Week Read More »
The global maritime sector is responsible for about 3 % of greenhouse gas emissions. Traditional marine fuels such as heavy fuel oil and marine diesel are carbon-intensive and emit sulfur oxides, nitrogen oxides as well as particulate matter that can d…