Energy Crunch Drive Freight Rates Shown In Booming LNG Market

How capes have traded higher in recent weeks in tandem with extreme demand and price hikes seen in the coal sector. The same is true for LNG. A new report from Evercore ISI...

Inmarsat Expands Fleet Xpress Agreements With Italian Tanker

Inmarsat expands Fleet Xpress agreements with Italian chemical tanker owners. The new agreement renews and extends Navmont’s use of Fleet Xpress services across 13 ships. Navmont also becomes one of the first Inmarsat...

Analysis On The Environmental Pressures Affecting Oil & The Bunker Sector

Over the past 18 months all of the talk has been related to the pandemic, but worldwide politics is shifting and the environmental question is coming back into focus. It is the long-term...

Crude Imports from Asia Remain Soft, But Middle East is Regaining Share

Despite a rally in crude oil prices to three-year highs, there is scant evidence that demand in the top importing region of Asia is recovering, says an article published in Reuters. Imports dropped In fact, imports...

China’s Energy Crisis Is Hitting Everything From Milk To iPhones

The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from Toyota Motor Corp. to Australian sheep farmers and makers of cardboard boxes, as reported by Bloomberg. Soaring Prices of...

Will Covid-19 Vaccine Mandates Work?

The nation's top infectious disease expert says vaccine mandates work and they'll help get more people vaccinated against Covid-19, reports CNN. Plenty of Vaccination About a quarter of the eligible US population remains unvaccinated against coronavirus...

US Covid-19 Rates Declining, But Will Cold Weather Contribute To Delta Wave Surge?

This Delta variant could be the last major surge of the Covid-19 pandemic, but now is not the time for the US to grow complacent as it has yet to run its course, an...

GCMD Invites Proposal Regarding Ammonia Bunkering

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) initiated its first invitation for a proposal regarding the safety and operations of ammonia bunkering, says an article published in Safety4Sea. About the proposal According to the center’s CEO...

GMS Week 41 – Swing Back??!!

After a couple of weeks of mixed performances in steel plate prices from the sub-continent markets where the industry witnessed Indian levels suddenly jump towards the end of last week, whilst both Pakistani and...

Singapore’s First LNG Bunkering Vessel Bags MPA’s Green Ship Certificate

Singapore’s first LNG bunkering ship FueLNG Bellina, owned by Keppel Offshore & Marine and Shell received the Green Ship certificate from the Maritime and Port Authority of Singapore (MPA), reports LNGPrime. Reducing the environmental impact FueLNG said...