Immediately following Russia’s invasion of Ukraine on 24 February 2022, crude oil prices increased on fears of supply disruption. In less than two weeks, Brent prices rose from USD 97/barrel to USD 128/barrel. Since then, Brent prices have consistently…
Crude oil at lowest since April; Brent at USD 103 and WTI dips below USD 100 Read More »
Tightness in products still trumps talks of recession Last month we wrote about the fears of recession versus the tightness in product markets and that tightness in products was definitely ‘winning’. Another month on and it’s oil products that are agai…
Why are VLSFO prices so high, especially in Singapore? Read More »
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caused by the Russia-Ukraine conflict. Drewry’s LNG shipping equity index increased by 12.7% YTD as of 28 Jun…
Why are LNG shipping stocks resilient? Read More »
To have any hope of meeting the Paris and Glasgow Agreement goals we need to remove 6–7 gigatonnes of CO2 from the atmosphere every year from 2050 onwards. Alternative fuels and energy saving will help, but too much CO2 is being emitted all the time, a…
DNV supports innovations in CO2 carrier design Read More »
Valve maintenance is an essential element in ensuring seaworthiness: without the right valves, in good condition, a vessel is not fit to sail. In these circumstances, owners and operators can rapidly lose valuable operational time while trying to sourc…
Digital valve management: faster, safer and less wasteful Read More »