2020 was the year that was “unprecedented”; however, 2021 seem to be following suit with unprecedented market activity. January & February which are historically quite times in the shipping S&P market due to the winter holidays and specifically…
2021 Thus far & What’s Being Foreseen by Sinotech Marine Read More »
VLSFO supply has tightened in Fujairah and Busan since last week, while lead times for low sulphur bunkers are unchanged on the week in Singapore, Zhoushan and Tokyo. Several suppliers in Fujairah have been unable to offer stems since Thursday last wee…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
While commercial crude oil stocks in the European Union and the US have largely returned to 2019 levels, inflated crude oil stocks in China are a “key uncertainty” for medium term crude imports and dirty tanker demand East of Suez, according to Braemar…
‘Uncertainty’ of China’s crude cache Read More »
If shipping is to welcome commercially viable deep sea zero emission vessels to the international fleet by 2030, zero emission fuels will need to make up 5% of the global shipping fuel mix by that same year. Writing in an Insight Brief for the Global M…
Setting zero emission fuel targets Read More »
As COVID-19 vaccines become more and more available there are feelings of excitement and trepidation in equal measures. With people starting to receive the COVID-19 vaccines in Cyprus, many questions are being raised by employers and employees alike, p…
The marine industry in Cyprus and the COVID-19 vaccine Read More »