Asia Middle Distillates: Key Market Indicators For Feb 7-11

Asian middle distillates started the Feb. 7-11 trading week on a firmer note, drawing on bullishness seen in the West amid improving arbitrage economics while restricted resupply from northeast Asia has further boosted the...

Gibson Tanker Report – Supply Upside?

The decision by OPEC+ to raise output by another 400kbd in March came as little surprise to the oil market. For full weekly tanker market report please click here Did you subscribe to our daily newsletter? It’s...

Olympians Report Serious Issues In COVID Quarantine

Olympic athletes who test positive for COVID-19 and are forced to isolate in Beijing are reporting serious issues with their quarantine conditions, says an article published in NPR, says an article published in NPR. Nightmarish...

Panama Canal Contributed To The Reduction Of 16 Million Tons Of Co2

The Panama Canal contributed to the reduction of 16 million tons of carbon dioxide (CO2) equivalent emissions in 2021, in comparison to the most likely alternative routes. These savings, three million more than achieved...

EU Proposed Carbon Tax Impose A Price On Shipping Emissions

Ships emit around one billion tonnes of greenhouse gases every year, or 3% of global emissions. If it were a country, shipping would be the sixth-largest polluter in the world, according to the World...

[Watch] Climate-smart Vessel Completes Journey Home

Finnish shipping company Viking Line has welcomed its climate-smart flagship Viking Glory in the Port of Turku following the ship’s five-week journey home across the seas. Disclaimer: This video is intended for informational purpose only....

Shell’s Three-Way Partnership For Naval Fuel Cell Deployment

Shell has come on board a Korean maritime fuel cell project as reported by Splash247. Commercialising solid oxide The Anglo-Dutch energy giant is joining Doosan Fuel Cell and Hyundai Heavy Industries in a bid to commercialise...

PowerX Joins Hands With Japanese Shipping Giant

Japanese shipping giant and transfer vessel developer join hands as reported by MarineMonks. Energy breakthrough Japanese power transfer vessel developer PowerX has joined hands with fellow Japanese shipping giant Nippon Yusen Kaisha (NYK) to develop energy...

A Deal Within Reach To Avoid War?

Emmanuel Macron has said he thinks a deal to avoid full-scale war in Ukraine is possible.  That it is legitimate for Russia to raise its own security concerns. The trip to Moscow and...

Asia Light Ends: Key Market Indicators for Feb 7-11

According to a recent Platts Market Insight, the Asian light ends markets were expected to get support in the Feb. 7-11 week from the strength in crude oil futures, with gasoline bolstered by improving...