In the second week of September, despite the ongoing challenges surrounding China’s economic recovery and uncertainties regarding grain trade negotiations between Ukraine and Russia, we observed a continued firm momentum of freight rates. It is u…
US oil production has increased since 2013 while US refinery runs peaked before the COVID pandemic. This has allowed dirty tanker exports to increase from 0.4 million barrels per day (mbpd) in 2016 to 3.5 mbpd during the first eight months of 2023. Dur…
US dirty tanker export demand jumps 33% year-on-year Read More »
The ship recycling market seems to be “waking up” once again. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there seems to be two mindsets from recyclers in Alang, India this week. Some recyclers appear to be increasing thei…
Ship Recycling: India Increasing Activity as Pakistan Reopens for Business Read More »
Major maritime industry players have come together in a collaborative effort to implement Daphne Technology’s groundbreaking SlipPureTM methane abatement solution onto the Angelicoussis Group’s LNG carrier Maran Gas Chios. With Daphne Technology …
Shipping Leaders Collaborate In Landmark Methane Abatement Technology Trial Read More »
The post-1945 international economic order was built on the idea that interdependence among nations through increased trade and economic ties would foster peace and shared prosperity. For most of the past 75 years, this idea guided policymakers, and he…