IMO Secretary-General Arsenio Dominguez emphasized the global shipping industry’s need for significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change at the Blue Economy Finance Fo…
IMO: Shipping gears up for massive investments in decarbonization Read More »
The clean tanker market is expected to face a series of changes, as refining capacity is expected to shift. In its latest weekly report, shipbroker Gibson said that “total global refining capacity has been in an upwards trend for a long time, and years…
Product Tankers and Refining Growth Read More »
The combination of rising Brazilian crude supply, shifting geopolitical dynamics, and price-sensitive Chinese refinery demand has led to a significant increase in VLCC shipments from Brazil to China in recent months. Several new FPSOs (Floating Product…
Brazil to China: The VLCC Trade Route Making Waves in 2025 Read More »
New research shows propulsion energy saving devices could deliver up to 10% fuel reduction while fewer than 2% of global fleet currently equipped. Demand for advanced propeller retrofits and energy saving devices (ESDs) has nearly quadrupled since 2020…
Demand for propeller retrofits surge four-fold but adoption remains limited Read More »
In October, the International Maritime Organization is set to adopt a legally binding framework to reduce greenhouse gas (GHG) emissions from ships over 5,000 GT, pending entry into force in 2027. Including a new fuel standard and a global pricing mech…
Ethanol Makes Its Case In Maritime Decarbonisation Read More »