At least two blacklisted tankers carrying 1.4 million barrels of Russian crude are tracked at anchor outside the port of Mundra, India, in the first signs that fresh Western sanctions on Rosneft and Lukoil are curbing exports. Sierra Leone-flagged Kust…
Tanker Freight Rates Hit Five-Year High Amid Russian Oil Sanctions Shake-Out Read More »
The EU Commission’s new Sustainable Transport Investment Plan (STIP), published on 5th November, represents a major milestone for the methane decarbonisation pathway. The Plan explicitly recognises LNG, bio-methane and e-methane within the clean-fuel m…
EU STIP recognises practical and realistic methane decarbonisation pathway Read More »
The tanker and oil markets are expected to face a different landscape, as a result of the latest policy choices by the US presidency. In its latest weekly report, shipbroker Gibson said that “Trump’s second presidency started with a strong push to chan…
Shipping and Oil Demand in the Under Trump’s Energy Agenda 2.0 Read More »
“While we support the IMO in getting these vital regulations right, the vote to delay the Net-Zero Framework for a year will make progress more challenging. If global regulatory development breaks down further and the delay extends beyond 12-months, in…
NAPA on MEPC ES.2 and FuelEU Maritime Read More »
Capesize The Capesize market recorded a notable improvement this week, with momentum building steadily across both basins. After a slow start on Monday, activity gathered pace from Tuesday onward as improved demand and a tightening tonnage list drove g…
Dry Bulk Market: Capesizes Moved Higher Last Week Read More »