Mexico’s top prosecutor said on Sunday that authorities have so far detained 14 people suspected to be involved in the illicit trade of fuels, reiterating that more actions would follow as new information comes to light.On March 19, authorities seized …
Mexico’s Top Prosecutor Vows More Action on Fuel Crimes Read More »
China’s military on Saturday said its forces had followed and warned a Canadian and an Australian warship, which were sailing through the sensitive Taiwan Strait, in a move it criticised as a provocation.The People’s Liberation Army’s Eastern…
China Criticises Canadian, Australian Warship Transit Read More »
Russian crude flows are still one of the main talking points in the tanker crude market, especially after the latest round of sanctions. In its latest weekly report, shipbroker Gibson said that “Western economies are turning up the heat on Russia, tigh…
Tanker Market: Russian Crude Remains at the Forefront Read More »
Capesize The Capesize market experienced a shifting sentiment over the week, starting on a steady but subdued note before softening midweek, before gradually improving across both basins with renewed support towards the close. In the Pacific, consisten…
Capesize Market Experiences Market Shift Last Week Read More »
The global maritime sector is responsible for about 3 % of greenhouse gas emissions. Traditional marine fuels such as heavy fuel oil and marine diesel are carbon-intensive and emit sulfur oxides, nitrogen oxides as well as particulate matter that can d…