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Asia HSFO Market To be Resilient For 2022

The Asian high sulfur fuel oil (HSFO) market is likely to be resilient for the better part of 2022.  There is an incremental...

DuPont Successfully Sells Clean Technologies Unit

  New York listed DuPont de Nemours, Inc. (DuPont) on Friday (31 December) has successfully sold off its clean technology businesses. It includes the...

Fujairah Port’s Major Expansion For Oil Storage Capacity In 2022

Dry bulk export facility being built Caverns will store crude in Fujairah mountains LNG bunkering may be added A recent Platts news source says...

No Clear Path To 2050 Emissions Goals

2030 decarbonization targets appear easily achievable No clear path to 2050 emissions goals Case for methanol, ammonia growing stronger Shipping's ability to meet decarbonization...

Bunker Competition Weakens, Panama Gains

Panama's marine fuels sales could return to 2019 levels in 2022. It may be due to the softer competition for high-sulphur fuel oil...

Implementation Of Reinforced Standards At SOx SECAs

From 1 January 2022 it will be mandatory to use fuel with maximum 0.1% sulphur content. The current regulations only apply to vessels...

How Does One Measure A Vessel’s CO2 Emissions?

The Sea Cargo Charter also joined in on the issue of controlling air pollution from ships. Even with the mass adoption of low-sulfur...

Weekly Tanker Market Report – A Year To Forget

According to recent weekly Gibson tanker report, although freight levels in some shipping sectors reached breath-taking highs this year, 2021 is a year to...

NCLH Equips 70% of Its Fleet With Innovative Environmental Technology

Norwegian Cruise Line Holdings (NCLH), announced the successful completion of its nearly US$200M. It is a multi-year investment in exhaust gas cleaning systems...

Castor Maritime Acquires Vessel Worth $23.55m

Castor Maritime Inc., through a separate wholly-owned subsidiary, entered into an agreement to acquire a 2012 Japanese-built Panamax dry bulk carrier from a third-party,...
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