If shipping is to welcome commercially viable deep sea zero emission vessels to the international fleet by 2030, zero emission fuels will need to make up 5% of the global shipping fuel mix by that same year. Writing in an Insight Brief for the Global M…
Setting zero emission fuel targets Read More »
As COVID-19 vaccines become more and more available there are feelings of excitement and trepidation in equal measures. With people starting to receive the COVID-19 vaccines in Cyprus, many questions are being raised by employers and employees alike, p…
The marine industry in Cyprus and the COVID-19 vaccine Read More »
All hope for the tanker market’s recovery is rested on the second half of the year, when oil demand is expected to rebound considerably. In its latest weekly report, shipbroker Allied Shipbroking said that “the uninspiring freight scene in the crude oi…
No Respite for Tanker Owners Until the Second Half of 2021 Read More »
The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about large scale scrapping of tankers, but so far, it has been all talk and very little walk, as the second-hand marke…
2021 crude oil tanker demolition stalls as second-hand prices win Read More »
Bunker fuels are more available in Houston and several other ports across the Americas this week. Prompt availability of VLSFO and LSMGO has improved in Houston, with most suppliers able to offer on enquiries for large stems now. Some ships have been w…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »