V alued at between $2.6 and $5.1 trillion, the ocean economy supports billions of livelihoods and carries more than 80% of ...
Tanker supply has been growing over the past few years, as more and more newbuildings are entering the global fleet. In its latest weekly report, shipbroker Xclusiv said that “tanker fleet growth has ...
G lobal reliability fell for the fourth consecutive month down to 27% on-time, 2pp lower than August and now matching ...
The seaborne 61% index was USD 88.80/dmt and the 65% was 107.50, with all 12 brands declining. The port high low spread ...
Singapore’s bunker market remains tight despite average demand, with VLSFO lead times extending to 11–18 days from 10–15 days a week earlier. Along with most suppliers continuing to hold low ...
Global energy firm Shell has imported mass-balanced liquefied biomethane (LBM) into Singapore through its local subsidiary, Shell Singapore. “The ISCC EU-certified biomethane was sourced from the USA ...
While Brent, the global benchmark for crude oil, is topping $100 a barrel, an unusual glut of heavy crude (high-density oil used to produce diesel, gasoline, and more) is building in North and South ...
BIMCO’s Dry Bulk Cargo Network discussed three persistent safety challenges at its latest meeting: fire risks from contaminated scrap metal cargoes, the shift of fumigation duties from specialists to ...