Availability for low sulphur stems has improved in Fujairah, Zhoushan and Busan this week, while supplies remain tight in Singapore, Japanese and Far East Russian ports. Lead times for VLSFO stems have tightened by one day this week in Singapore, now r…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
An economic resurgence of China has been enough to propel the container and dry bulk markets forward. In its latest weekly report, shipbroker Allied Shipbroking said that “China’s surging economic activity has been the main story thus far in the year, …
Chinese Factor Boosting Container Shipping and Dry Bulk Read More »
Containerized imports to the US from Asia jumped by 28.6 percent year over year in February 2021 according to the latest data from PIERS by IHS Markit. This is the seventh consecutive monthly double-digit rise with over 1,347000 TEU (twenty-foot equiva…
The International Chamber of Shipping (ICS) has warned that lack of access to vaccinations for seafarers is placing shipping in a ‘legal minefield’, while leaving global supply chains vulnerable. A legal document due to be circulated to the global ship…
The shipping industry, together with engine manufacturers and oil companies are actively pursuing new technologies to reach the environmental goals set forth by global regulators. Within that context, one of the technologies which could be groundbreaki…
Are Carbon Capture Ships The Future? Read More »