This week’s chart highlights the declining trend in the quarterly volume of dirty oil flows to China for the second quarter of this year, primarily driven by a slowdown in Russian oil exports compared to last year’s record pace. In contrast…
Dirty crude oil flows to China Read More »
The global push towards sustainability is reshaping industries worldwide, with the maritime sector under significant pressure to reduce its carbon footprint. Ardmore Shipping is leading the charge with its Energy Transition Plan (ETP), a comprehensive …
Ardmore Shipping: Leading the charge in energy efficiency technologies Read More »
The tanker market is expected to heat up over the coming weeks and months. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “the European Central Bank (ECB) took a bold step on Thursday, becoming the first major central bank among …
Tanker Market Expected to Heat Up Read More »
The shipping industry must take urgent action to meet ambitious new climate targets set by the International Maritime Organization (IMO), according to a new report from the Sea Cargo Charter (SCC), a global transparency initiative developed by the Glob…
Can Shipping Catch Up? New Report Demonstrates Shortfall Against New Climate Goals Read More »
Annual casualty figures from INTERCARGO, the International Association of Dry Cargo Shipowners, highlight continuing improvement in the safety performance of the sector. The Association’s Bulk Carrier Casualty Report records the yearly loss of vessels*…