The tanker market show weakness during the month of November, OPEC said in its latest monthly report. Dirty spot freight rates declined across all monitored routes in November, as rising vessel availability outpaced limited tonnage demand. On the Middl…
Tanker Market Declined During November Read More »
As 2024 draws to a close, the shipping industry is facing up to an increasingly complex and rapidly evolving regulatory landscape over emissions. With the European Union’s FuelEU regulation set to take effect in January 2025, shipping companies face a …
Pressing FuelEU deadline demands attention Read More »
As shipping continues to embrace digitalization, the threat of cyber-attacks has never been higher. Stakeholders across the maritime industry are making moves to protect their assets, but DNV experts warn that many are underestimating the scale of the …
Tackling a growing cybersecurity threat in an increasingly connected industry Read More »
Tanker demand from Saudi Arabia has been declining steadily since the start of 2023, with this year proving to be the same, as a result of declining crude oil exports from the Kingdom. In its latest weekly report, shipbroker Banchero Costa said that “2…
Tanker Market: Saudi Arabia Crude Oil Exports Down During 2024 Read More »
Continued growth of climate transparency from financial institutions show that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the International Maritime Organization (IMO), aim…
Global shipping finance portfolio moves closer to alignment with net zero climate goals Read More »