The Aframax tanker market could be looking for a new trend in the Cross-Mediterranean trade route. In its latest weekly report, shipbroker Gibson said that “after just over a year of being offline, discussions about restarting the 450 kbd KRG pipeline …
Tankers: Cross-Mediterranean Trade Could be Set for Renewed Interest Read More »
Capesize At the beginning of the week, the Pacific market showed promising activity with healthy cargo volumes. However, despite this, conditions slightly weakened, and the Atlantic market remained subdued, as the week got underway. Nevertheless, as th…
Capesize Market Showing Signs of Improvement Read More »
A collaboration between CB&I and Shell, with close support from DNV, has led to the Approval in Principle (AiP) of a large-scale, liquid hydrogen (LH2) cargo containment system. This could pave the way for an expansion of global hydrogen supply cha…
Paving the way for large-scale transportation of liquid hydrogen Read More »
The tanker market has steadied during the month of March, OPEC said in its latest monthly report. Dirty freight rates were relatively steady in March on most monitored routes. VLCC spot freight rates on the Middle East-to-East route were unchanged, m-o…
Tanker Market Steadies During March Read More »
In the second week of April, the crude oil freight market maintained a relatively stable sentiment in the VLCC Ras Tanura segment, while indications of an upward trend emerged in the Aframax Mediterranean, accompanied by a decrease in vessel supply. Ap…