The short answer is yes, but not always. Continuous price monitoring is key to identifying price dislocations between different ports. Overview The world is currently going through a very turbulent time with oil prices recently falling to the multi-dec…
Can bunkering outside hubs yield better pricing? Read More »
The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools. The new service is based on assessment…
New OPEX assessments for tankers Read More »
I know. We all saw it. Like the world’s most epic game of Jenga ending, it all came crashing down. Those who were closely watching the trading of the May contract of WTI will be all too aware of the negative pricing that occurred this week. Those who w…
Oil’s Well that Ends Well Read More »
A group of companies has come together to develop a better understanding of the practical realities involved in using ammonia as a fuel for ships. Ammonia is one of a number of options to be a marine fuel of the future. One of the key elements in the g…
Can ammonia be a safe fuel for the shipping industry of the future? Read More »
The conclusion of the P&I renewal season and rising risk exposure from Covid-19 confirms that marine insurance costs are hardening which will raise vessel operating costs just when earnings are expected to come under pressure as trade contracts. Th…
Shipowners face perfect storm of rising opex as earnings fall Read More »