As most in the industry are aware, when a vessel is alongside heavy objects from the Engine Room (E/R) may be transported to shore through the E/R hatch by using the provision crane. For conventional Bulk Carriers and Tankers this E/R hatch is located …
With talk regarding a potential ban on Russian energy imports reignited in the EU, after the recent developments, it’s worth taking a look on Russia’s crude oil export destinations. In a recent report, shipbroker Banchero Costa noted that “2021 was ove…
Russian Oil Exports: Mapping Out the Future Read More »
With decarbonisation much in the public eye, shipping is currently and perhaps belatedly trying to find the best pathway to carbon neutral fuels. Shipping greenhouse gas (GHG) emissions as a proportion of global GHG anthropogenic emissions increased fr…
Carbon neutral shipping – it all comes down to green hydrogen, and lots of it Read More »
A generational energy crisis has created the most challenging environment ever in which shipowners must make decisions about investing in tankers to transport energy commodities. The global pandemic, closely followed by Russia’s invasion of Ukraine, is…
Global tanker fleet struggles to break even Read More »
The tanker market is in ever shifting waters, as the existing conditions are redrawing crude oil trade routes. North Sea oil production could return into play, while Urals exports are expected to move to the East. In its latest weekly report, shipbroke…
Tankers: European Oil Trade Routes Are Being Redrawn Read More »