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Crude tanker shipping stocks have been trending upwards from the start of February, which has led to an 18.2% YTD gain in the Drewry crude tanker index. The index comprehensively outperformed the three key US market indices – while Dow Jones Industrial…

The number of zero emission pilots and demonstration projects for the maritime industry now totals 106, up 38% over six months. And according to mapping produced by the Getting to Zero Coalition, there is a marked increase on hydrogen-based fuels in th…

There are currently around 30 tankers above 25,000 dwt waiting to cross the Suez Canal. We expect most vessels in ballast will decide to wait until the situation clarifies and, if fixed on a charter party, will likely get cancelled by charterers throug…

Bunkering demand holds up relatively well While oil demand was significantly hit last year as a result of the Covid-19 pandemic, bunkering demand held up relatively well. IEA numbers show that bunkering fuel demand is estimated to have fallen by around…

Ballast water filters need to withstand the most challenging circumstances in seawater filtration. Why is Cathodic protection considered the industry standard for corrosion prevention, and is it the most effective solution available? A recent report ma…