IMO Seeks Safe Corridor For Ships And Crew from Ukraine Conflict
The International Maritime Organization (IMO) has called for the setting up of a safe corridor for the safe evacuation of seafarers and ships stranded by the invasion of Ukraine, reports Seatrade Maritime News.
Consequences of...
IACS Council Withdraws Russian Register’s Membership
The International Association of Classification Societies (IACS) Council has agreed to exclude the Russian Maritime Register of Shipping (RMRS) from the IACS membership, reports Offshore Energy.
The official statement
“Following the recent … developments in Ukraine...
Instable China’s Oil Market Demand For This Reason
Oil product demand may fall by 4% from original estimations
Jet fuel, gasoil, gasoline most hit
Analysts to observe government's policy adjustment
A recent news article published in the Platts states that the China's...
Gasoil Output At China’s Independent Refineries Fall By 17.3%
Feb feedstock consumption falls to a 2-year low
Product stocks increase in early March on hiking crude prices
ZPC and Hengli raise throughputs by 2.5% on month
A recent news article published in the...
Bunker Sales Slipped To 13.2% On The Month
Low sulfur fuel oil bunker sales lowest since IMO2020
HSFO underperforms traders' estimates, falls 17.7% on month
March outlook bearish amid high outright prices
A recent news article published in the Platts states that...
What Will The Third Year Of Pandemic Be Like?
Things seem to be looking up as the US crosses into year three of the Covid-19 pandemic. Vaccines still do a good job of keeping people alive and out of the hospital. There's increasing...
Covid-19 Pandemic To Become Worse!
The World Health Organization (WHO) said Sunday it is concerned the war in Ukraine could worsen the Covid-19 pandemic, and it is trying to do more to limit the spread of infectious diseases, reports...
Corruption Criticism On Suez Canal, SCA Takes Action
Castigated repeatedly for its position as the world’s most corrupt area for merchant shipping, the Suez Canal Authority (SCA) is trying to take measures to improve Egypt’s reputation.
The SCA has sent a letter addressed...
European Peers Edged Out By Asian Shipowners
A recent news article published in the Splash 247 by Sam Chambers states that Asian owners set to stretch their lead over European counterparts.
What does Clarkson Research Services say?
In its latest weekly report Clarkson...
China’s Export Container Shipping Index Sinks
A recent news article published in the China org website states that China's export container shipping index dips in February.
China Containerized Freight Index
China's index of export container transport edged down in February, according to...