In an age defined by ultra-fast digital transformation, the global trade landscape remains anchored in a bygone era of paper. Despite the acknowledged benefits of going digital, international trade continues to depend heavily on paper-based documents a…
Shipping’s outdated paper chase Read More »
This week, the spotlight is on the evolving monthly volumes of dirty oil flows, specifically the increasing trend from Saudi Arabia to China. In August, Saudi crude shipments to China surged by 19% year-on-year, exceeding 50 million barrels. This marks…
Tanker Weekly Market Monitor: Dirty Oil Flows to China Read More »
“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year low,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The development marks a stark reversal fr…
Product tanker newbuilding contracting drops 86% to nine-year low Read More »
By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of oil equivalent (Mtoe) of low-greenhouse gas (GHG) fuels annually, double the estimated volume needed to meet the International Maritime Organization’s (IMO) 2030 emi…
DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point Read More »
EDF and The Decarb Hub explore innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub), a partnership betwe…