“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million barrels per day (mbpd) in week 23, the bloc’s highest wee…
OPEC’s crude tanker loadings jump 24% week-on-week Read More »
According to its most recent disclosure report, the majority of signatories to the Sea Cargo Charter (SCC) – a global climate alignment initiative developed by the Global Maritime Forum – reduced their emission intensity over the last year, reflecting …
Ship recycling activity remained lacklustre last week, with markets across key recycling destinations closed during the holiday period. Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said in its weekly report that “as operations now be…
Ship Recycling Moving Ahead with the Hong Kong Convention Deadline Affecting Activity Read More »
The ICS Maritime Barometer Report 2024-2025, launched today by the International Chamber of Shipping (ICS), reveals a steady decline in confidence among global maritime leaders to manage the risks posed by increasing political instability, alongside a …
The maritime sector is entering a decisive decade. Regulatory frameworks are tightening, decarbonisation targets are drawing nearer, and investment decisions are becoming increasingly high stakes. From IMO 2030 and 2050 milestones to regional policies …
Strategic Decarbonisation Roadmaps: A Clear Path Through Complex Waters Read More »