The ongoing global push for decarbonisation, switch towards cleaner fuel, expanding fleet of EVs and rising fuel efficiency of vehicles are likely to decelerate the oil demand in the coming years, hampering the prospects of growth in the tanker market….
Game-changing refineries poised to reshape the tanker market Read More »
Amid the ongoing weakness seen across the global petrochemical sector, the comparative recovery of gasoline and transport fuel demand this year has helped shift trade flows on several chemical products that have found better value in the blending pool….
Changes to Chemical & Gasoline blending component trade flows in H2 2023 Read More »
The OSV (Offshore Support Vessel) is in a state of complete recovery from the lows of the past couple of years. In its latest weekly report, shipbroker Intermodal said that “the OSV market has turned from an all-time low to great earnings in the past 2…
OSV Market In Complete Turnaround of Fortunes Read More »
The Poseidon Principles are pleased to announce a significant revision to their framework for evaluating and reporting financial institusions’ shipping porolios’ alignment with climate-related objectives. Following the IMO’s GHG revis…
A year from now, all vessels subject to the Ballast Water Management Convention must have an approved ballast water treatment system installed onboard. Is your ship ready for tighter regulations? Good management of ballast water is critical to prevent …
Ballast water management – regulations are tightening Read More »