Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel str…
Hormuz oil shock tilts shipping towards alternative fuels Read More »
On 11 May, Al Kharaitiyat broke through Hormuz, heading for Port Qasim — the first Qatari LNGC to test supply resumption. The Q-flex LNGC loaded the cargo at Qatar’s Ras Laffan, igniting the discussions over supply resumption through the Strait of Horm…
Hormuz LNG breakthrough: Four LNGCs eye the exit Read More »
Ship owners are increasing their activity in the market for newbuildings and second hand vessels. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market, “in the bulk sector, China’s Jiangmen Nanyang Shipbuilding sec…
Newbuilding Activity Growing, While More Deals Evident in the Second Hand Market Read More »
Guinea has long been a cornerstone of the global bauxite trade, and its rapid export growth over the past five years has been a key driver of Capesize demand and firmer freight rates. However, the combination of a stalled Chinese aluminum industry, sup…
What a Guinea Bauxite Export Cap Could Mean for Dry Bulk Read More »
The World Maritime University’s Food4Seafarers project has called for systemic reform in how food is provisioned and managed at sea. Across the maritime industry, there is a growing recognition that seafarer wellbeing is a core operational concern. A h…
Fresh food for seafarers is a strategic imperative for ship owners Read More »