Yearly Archives: 2023
USCG Rescues Freighter Stuck on Ice
A freighter is once again making its way up the Detroit River after becoming temporarily stuck in the ice, reports CBC.
The ship became stuck...
VLCC Market Analysis: Expectation Surges With Rising Demand
A qualitative report published by Market intelligence data research on the “Very Large Crude Carrier (VLCC) Market" offers an in-depth examination of the current...
Crude Turnarounds & Weather To Drive US Fuel Oil
Wholesale fuel oil markets across the US face uncertain price pressure heading into 2023, as seasonal heating demand in the northeast and Gulf coast...
Pipe Repairs Involving Scrubbers In Belgium And The Netherlands
Recently Hydrex diver/technicians carried out scrubber overboard pipe repairs in ports in Belgium and the Netherlands.
Corroded pipes were replaced on two...
Attack On The Port Of Lisbon With Ransomware
A recent news article published in the Technewsboy states that Port Of Lisbon Hit By Ransomware Attack.
Port of Lisbon hit with a ransomware
One...
What 2023 Holds For Reducing Carbon Emissions In Shipping?
A recent news article published in the Maritime Executive speaks about Shipping's Decarbonization Outlook for 2023.
Will the CII succeed?
Will the CII succeed? Will...
Positive Evergreen Moves Forward With Expansion Plans
A recent news article published in the Loadstar states that optimistic Evergreen presses ahead with expansion plans.
China’s abolition of its zero-Covid policy
China’s abolition of...
China Increases VLSFO Export Quotas
A recent news article published in the Engine states that China boosts VLSFO export quotas in first allocation.
8 million mt of VLSFO export quotas
The...
Brokers: Reinsurers Raise Rates, Exclude Russia, Ukraine
A recent news article published in the Nasdaq states that reinsurers hike rates, exclude Russia and Ukraine - brokers.
Global insurers face a testing 2023
Global...
Mumbai VLSFO At Rare Price Parity With Singapore
Mumbai’s VLSFO is currently priced $5/mt higher in Mumbai than in Singapore.
The port’s VLSFO premium over Singapore peaked at about $92/mt at...