Yearly Archives: 2021

Global Tankers Freight Recovery Likely To Be Slow

Replenishing oil inventories to support Products trade to boost clean earnings Scrappings slow Global tanker markets are expected to see better days in 2022...

Asia Light Ends: Key Market Indicators for Dec 27-31

Platts reports of the key market indicators of Asia Light Ends from December 27 to 31. Asia light end markets At the start of the Dec....

Asian Oil Buyers Have ‘Little Room’ To Play Around With SPRs

With the energy security aspirations of Asia's biggest four oil importers—China, India, Japan and South Korea—perpetually vulnerable to global price gyrations, they have increasingly...

How Will COP26 Impact Sustainability Movement of Freight Industry?

Following the long-awaited Climate Change Conference (COP26) in Glasgow, Scotland in November, FreightWaves asked industry experts how to predict how COP26 will affect the...

Tanker & Container Decarbonization Falls Behind Other Shipping Sectors

Tankers, containers will need infrastructure across more ports Passenger, specialist vessels operating on linear routes likely first movers Early adoption implies 2.5%/year of...

China’s Fierce Competition With Singapore In Marine Fuel Sales

  Singapore has long been Asia’s largest bunker fuel supplier, but this situation may change due to the emergence of China. China, the world’s...

Soaring Omicron Cases To Ruin New Year Trips

U.S. airlines canceled more than 1,300 flights on Sunday as COVID-19 thinned out the number of available crews, while several cruise ships had to...

Höegh LNG Partners LP Announces Update On Refinancing

Hamilton, Bermuda, 27 December 2021 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces that Höegh LNG Partners LP has announced completion of the refinancing of the...

2022 Oil Output Expected To Beat Pre-Pandemic Level

Russia's production of crude and condensate in 2022 is expected to rise by 5% on the year to about 540 million-550 million mt, or...

How Long COVID Can Ruin Your Health Miserably?

More than a million people in the UK are suffering from long Covid, with fears the number could rise due to the Omicron variant....
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