At the London International Shipping Week headline conference, Yana Popkostova, the founder and managing director of the European Centre for Energy and Geopolitical Analysis, delivered a speech that delved into the complex relationship between geopolit…
Geopolitics, decarbonisation, and shipping’s future Read More »
Newbuild contracting activity during the past five years has been low at about 5.46 million DWT per year. In addition, the product tanker order book hit a low of 9.67 million DWT in December 2022, the smallest order book since June 2001. Due to the low…
Year-to-date product tanker newbuild contracting hits 10-year high Read More »
With IMO targets becoming more ambitious, DNV’s latest Maritime Forecast to 2050 explores how shipping can reach its decarbonization goals. With an expected shortfall of carbon-neutral fuels, the maritime industry needs to explore all decarbonization o…
Exploring all options to keep decarbonization on course Read More »
A panel of industry experts delved into the pressing issues facing the global supply chain as part of Reed Smith’s London International Shipping Week (LISW) event. The speakers engaged in a discussion that focused on the biggest challenges facing the s…
The second week of September maintains its grip on the crude oil freight market’s sentiments, as VLCC rates have yet to display the anticipated rebound. The struggle persists in the VLCC MEG-China rates, leaving industry observers closely monitor…
Continued downward pressure with a significant decline in VLCC demand growth rates Read More »