Following the recent imposition of U.S. tariffs on Canadian crude oil imports, trade flows have undergone a significant shift, with Canadian barrels increasingly redirected toward European markets. This trend is evident in the March 2025 data, which sh…
The Trump administration has created chaos in the shipping market by proposing tariffs on China-built ships, which could disrupt global trade. The proposed policy by the US Trade Representative (USTR) aims to curb China’s dominance in shipbuilding by i…
US port fees to disrupt two-thirds of the tanker fleet Read More »
Biofuels are an increasingly attractive decarbonization option for shipowners. A new white paper from DNV analyses an evolving supply picture, while also providing technical guidance to shipowners planning to use it as a drop-in fuel. Growing internati…
Maximizing the potential of biofuels in shipping Read More »
A new report from UCL’s Energy Institute Shipping and Oceans Research Group shows that biggest implication of the three policy scenarios currently being debated is the level, stability and predictability of revenue they would likely generate. Sta…
The floating oil storage sector has undergone marked fluctuations since 2020, attributable to global economic circumstances, geopolitical tensions, and evolving market forces. Principal determinants affecting storage utilization encompass the COVID-19 …
Floating Oil Storage Trends Read More »