Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021 compared to 2020, with imports so far this year totalling 26.1m tonnes. The highest increase has been recorded from t…
Strong domestic demand sees US oil product imports growing Read More »
Full decarbonization of international shipping is urgent and achievable. This is the clear message from more than 140 industry leaders and organizations representing the entire maritime value chain, including shipping, cargo, energy, finance, ports, an…
The Clarksons Research semi-annual review and outlook of the offshore and energy markets, Offshore Review and Outlook, has now been released. While offshore oil and gas markets continue to face challenges, improved activity, utilisation and sentiment a…
Clarksons Research: Offshore Review & Outlook – Signs of Improvement Read More »
Shipping companies that do not have a strategy to decarbonise are likely to be pushed out of the market as financing options become more expensive, according to Stephen Fewster, global head of shipping finance at ING Wholesale Banking. A member of the …
Decarbonisation a defining financing factor Read More »
“ The maritime industry will go through a period of rapid energy and technology transition that will have a more significant impact on costs, asset values and earning capacity than many earlier transitions,” Linda Sigrid Hammer, Principal Consultant, E…
Charting practical paths to comply with carbon reduction trajectories Read More »