As April draws to a close, the crude freight market sentiment for VLCC and Suezmax tankers segments confirms a downward trajectory, contrasting with a sense of stability observed in the Aframax Med route, albeit accompanied by a decline in vessel activ…
The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for the future of oil. While global oil demand is expected to notch up some growth in 2024 and 2025, the pace of that increase is slowing dramatically, h…
End of the oil supercycle? Read More »
Booking the best cargo or the best vessel at the best possible rate is at the heart of the chartering and nominations functions. And yet, the ‘best’ decision can change—sometimes from hour to hour. Missing information can delay decision making and impa…
Carbon Capture and Storage (CCS), a promising decarbonization method, requires a value chain for CO2 transport and storage to serve estimated future demands. DNV’s Mathias Sørhaug surveys the status, challenges and opportunities of CO2 shipping within …
Positive outlook for carbon shipping amid big push to solve technical challenges Read More »
IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine energy and maritime sectors an…
IBIA and BIMCO team up to collaborate on fuel and maritime challenges Read More »