Russian crude oil exports are a critical piece of ton mile demand for the Aframax markets, and also contribut to Suezmax utilisation. The overall trend was for higher ton mile demand through the middle of 2017, but these numbers have fallen from their …
Hints of Higher Russian Oil Production Could Boost Aframaxes Read More »
Capesize A depressing time for the big ships as rates eased across the board, with the Atlantic particularly short of cargo, while levels in the East fell despite active fixing from West Australia. The lack of Brazil cargo continued to have a major imp…
Dry Bulk Market: Capesize Market on Retreat Mode Read More »
The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. Th…
Olefin trade not helping LPG shipowners Read More »
A truck loading station in Revithoussa LNG terminal, at least three new LNG-powered vessels, one LNG barge based in Piraeus port and one LNG marine installation in Western Greece will be in operation as of 2020. This is one of the key highlights expres…
LNG for shipping makes headway through Poseidon Med II Read More »
The Bomin Group, a leading global physical supplier and trader of marine fuels, yesterday announced that it is now delivering Ultra-Low Sulphur Fuel Oil (ULSFO) to vessels calling in the Amsterdam-Rotterdam-Antwerp region (ARA). The ULSFO product is 0….
Bomin Launches 2020-Compliant ULSFO in ARA Read More »