Lead times for Singapore’ VLSFO are longer by one day, while Fujairah is seeing better bunker fuel availability. Gibraltar, Rotterdam and Fujairah remain well supplied. Singapore’s total fuel oil stocks have risen to 50.49 million bbls on the week, on …
ENGINE: Global Fuel Availability Outlook Read More »
The demolition market remains rather lively, as more tonnage has been sold for scrap. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after last week’s further strengthening in price levels, some in the industry were expecting…
Ships’ Recycling Market Heating Up Read More »
The 2020s must be the decade of action if we are to solve the shipping industry’s share of the global climate challenge before we reach a critical tipping point. Transport and logistics account for a considerable part of GHG emissions globally, with sh…
Time is running out – global emissions rules for shipping need to be reached now Read More »
A consortium of 26 leading companies and associations, led by DNV, has launched the “Handbook for Hydrogen-fuelled Vessels” to address the uncertainties surrounding hydrogen as ship fuel. The MarHySafe joint development project (JDP) aims to crea…
Newbuildings and ships acquired in the S&P market are in high demand these past few weeks, with many owners looking to stock up ahead of an expected strong rebound in world trade growth. According to the latest weekly report from shipbroker Clarkso…
Ship Owners Are Stocking Up on New Ships Read More »