Shipping has been thrust into the spotlight as the world grapples with decarbonisation. In the past, the sector has operated with minimal visibility to the worldwide population, all while transporting around 90% of its goods. However, its low-profile e…
Why the internal combustion engine is essential in shipping’s decarbonisation mission Read More »
It is nothing new to anyone in the international shipping business that testing moisture levels in ethanol and methanol is a complicated, tedious and extremely costly process – for many, unnecessarily so. The existing process is fraught with problems t…
The recovery of the global oil tanker market will be slow and gradual. We have forecast this many times during 2020, as the COVID-19 pandemic wreaked havoc on past, present and future oil consumption. On 8 December, the U.S. Energy Information Administ…
Product tanker stocks have climbed in the last month (23 October to 25 November) mainly driven by a rally in the global equity markets and seasonal strengthening of product tanker freight rates. DMFR product tanker index rose 16.9% since 30 October, wh…
Rally in product tanker stocks to be short-lived Read More »
VLSFO prices have risen by $75/ton in just 30 days; the previous talk about a Covid-19 vaccine and a corresponding sharp rise in oil prices has now become a reality. In the past few weeks, we have had the very big news of 3 successful Covid-19 vaccine …