The war in Ukraine has triggered a dramatic shift in the geopolitical landscape for Russia, a major supplier of various commodities. Western sanctions targeting Russia’s economy aim to cripple its access to crucial markets and hinder its war effo…
Reshape of the global commodity markets Read More »
The product tanker market seems to be in a divergence path with the crude tanker market, after a period of high volatility. In its latest weekly report, shipbroker Gibson said that “LRs have seen extreme volatility this year, with spot earnings looking…
Crude Tankers Entering the Clean Trade Could Have Significant Impact Read More »
New research from SRI, the international pan-industry body researching maritime and seafarers’ law, concludes that the Maritime Labour Convention is not being strictly and evenly enforced on a global basis. The findings identify substantial achievement…
MLC 65% effective says SRI Read More »
A survey carried out by the International Seafarers’ Welfare and Assistance Network (ISWAN) and sponsored by The Shipowners’ Club indicates that the rapid changes brought about by decarbonisation technologies and regulatory regimes are having a substan…
New survey findings shed light on the impact of decarbonisation on seafarers’ wellbeing Read More »
Crude oil exports from Türkiye have maintained their downward trend during the first five months of 2024, established since the start of 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for c…
Crude Oil Exports from Türkiye Down This Year Read More »