Yearly Archives: 2024

Decarbonization Of Shipping: Pioneering Green Solutions For A Global Challenge

As the shipping industry grapples with its significant contribution of 3% to global greenhouse gas emissions, a robust strategy for decarbonization becomes imperative. ...

Oil Product Stocks Drop To Three-Week Low

Heavy distillate stocks jump from a five-month low Non-fuel oil exports to Singapore hold above 5 million barrels Some bunker orders canceled Stockpiles of...

Bunker Market Trends, Gas Prices, Alternative Fuels, And Piracy Concerns in Focus

During Week 03, the MABUX global bunker indices displayed an inconsistent trend, fluctuating in various directions. The 380 HSFO index fell by 7.37 USD:...

An Overview Of Asia’s Response To The Red Sea Crisis

Amid the ongoing Red Sea crisis, Asian refiners are strategically reassessing their oil policies to ensure the steady flow of feedstock, a move...

Ensuring Safety In Chemical Tanker Cargo Unloading

The dynamic world of chemical tanker operations demands stringent safety protocols during the unloading process to mitigate risks and uphold environmental responsibility. This...

Tokenization Unleashes Digital Revolution In Shipping

The shipping industry is embracing rapid digital transformation, catalyzed by the pandemic's disruptions. This shift has set the stage for the tokenization of...

Red Sea Shipping Disruptions Threaten Global Inflation, EBRD Warns

Yemeni Houthi attacks disrupting shipping routes, especially the Red Sea, may fuel global inflation, warns EBRD's Chief Economist, Beata Javorcik. The impact on...

The Maderö, 15th Century Merchant Ship Discovered By Archaeologists

Archaeologists find a 15th-century merchant ship. The study provided insights into the main dimensions and proportions of the medieval merchant ship.  The Maderö...

Container Ship Shortage Concerns By DHL CEO

DHL Group's CEO, warns of a looming container ship shortage. Returning ships to normal routes are slower than anticipated. Meyer suggests that sluggish...

Car-Carriers Ceased Transit Through Red Sea

Car-carrier lines NYK, K-Line, and MOL ceased transits through the Red Sea. PCTCs are prone to capsizing in strong winds due to their...
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