Yearly Archives: 2022

Major Shipowner Signs Deal To Boost Green Policies

The partnership between Jotun and Eagle Bulk will assist the integrated shipowner and operator of bulk carriers in accelerating its zero-carbon vision as...

Asia Residual Fuels: Key Market Indicators For Jan. 10-14

In the week of Jan. 10-14, bunker fuel suppliers expect downstream ex-wharf and delivered bunker fuel premiums to soften, however, there are concerns that...

Will We Live With COVID As An Endemic Disease?

The emergence of Omicron could be the “first ray of light” towards living with Covid as an endemic disease, according to a government...

Costa Builds Its Third LNG-fueled Cruise Ship

The Costa Group – which includes the Costa Cruises and AIDA Cruises brands – was the first to pioneer LNG on cruise ships.  ...

Venezuela To Start Diluted Crude Export After 9 Months

Venezuelan state-run oil firm PDVSA this week will resume exports of diluted crude oil (DCO) for the first time in nine months. Since...

ClarkSea Index Reached A 13-year High in 2021

Clarkson’s cross-sector ClarkSea Index hit a 13-year high in 2021, climbing to $28,700 a day, more than twice the $13,697 ten-year average, the...

BIMCO’s New SEV-GUARDCON Contract

BIMCO’s Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The contract is expected to be published in early...

[Watch] Giant Jurassic “Sea Dragon” Fossil

Paleontologists have made a massive discovery in the United Kingdom's smallest county — the 180-million-year-old fossilized remains of a giant Jurassic "sea dragon." Disclaimer: This...

ExxonMobil’s New Renewable Fuels Production Goal

Moves ExxonMobil closer to renewable fuels production goal Adds exposure to European markets A recent news article published in the Platts states that ExxonMobil...

Baltic Index Falls To 9-Month Low, Loses 126 Points

The Baltic Exchange's dry bulk sea freight index dropped to its lowest level since April 2021 on Tuesday, reports Reuters. Baltic index fall The Baltic Exchange's...
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