While the COVID-19 pandemic has had a devastating impact on society and many national and local economies, it has – alongside the recent incident in the Suez Canal – also served to highlight the fundamental importance of the maritime indust…
How the maritime sector can make smart ports a reality for all Read More »
Supply of bunker fuels remains tight across most East of Suez ports, with lead times for VLSFO stems in Singapore stretching up to 11 days this week. Singapore’s residual fuel oil stocks grew by 4% to 23.17 million bbls, reaching their highest levels s…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The industry can see the bright light at the end of the COVID-19 tunnel. The progress being made in tackling the pandemic continued to drive up confidence. This generally positive outlook is broadly present in all business types and across regions.Over…
BDO: Shipowners’ Confidence Rises as Pandemic Nears the End Read More »
Certain sectors of the shipping industry are bound to benefit from the recent blockade of the Suez Canal which managed to clear the backlog of ships just this past weekend after almost two weeks of delays. The impact in freight rates is imminent. In it…
Winners and Losers of the Suez Blockade Read More »
With a lot of attention and investment going into alternative, low emission fuel development, how does the return of wind propulsion avoid becoming an ‘also ran’ technology segment? Gavin Allwright, the Secretary General of the International Windship A…
Ship Propulsion: Transition is in the Wind! Read More »