The floating oil storage sector has undergone marked fluctuations since 2020, attributable to global economic circumstances, geopolitical tensions, and evolving market forces. Principal determinants affecting storage utilization encompass the COVID-19 …
Floating Oil Storage Trends Read More »
Capesize The Capesize Timecharter Average (C5TC) experienced a decline of $1,507 week-on-week, settling at $22,190 on Friday. In the North Atlantic, a few INL breaching fronthaul cargoes with mid-April loading were fixed, reflecting $42,313 on the C9 r…
Dry Bulk Market: Capesize Sector Corrected Last Week Read More »
Maritime energy transition The IMO’s April meeting of its Marine Environment Protection Committee (MEPC) is intended to continue the review of existing short-term measures, decide on mid-term measures, and prepare strategies to manage some of the turbu…
MEPC 83 – crunch time on various fronts but consensus on a probable outcome Read More »
Shipping is at a critical juncture as it grapples with the complexities of the newest regional emissions legislation from the EU – FuelEU Maritime – all the while keeping a weather eye on discussions of impending global regulations from the Internation…
Idealism versus reality on emissions regulations Read More »
The advent of the decarbonisation era is far from fiction and a variety of regulations, as well as economic considerations, call for the use of non-conventional fuel sources with less CO2 emissions. In this context, the use of Liquified Natural Gas (LN…
LNG: Clauses for TCP and bunker terms Read More »