International Shipping News

European petroleum tanker rates rise due to geopolitical instability and marine fuel costs

Petroleum tanker rates for routes originating in Europe rose to record highs in April 2022 because of geopolitical instability related to Russia’s full-scale invasion of Ukraine and rising marine fuel prices, also known as bunker fuel. Dirty tanker rat…

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New alliance to pave the way for a diverse, equitable, and inclusive maritime industry

Yesterday in Zurich industry leaders from across the global maritime value chain came together to launch the All Aboard Alliance, which will provide a platform for collaborative action to make the maritime industry more diverse, equitable, and inclusiv…

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