BofA Could Propose An Oil Target of $100 in Cold Winter

  Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. Bank of America Global Research said it could bring forward its $100 per barrel...

Singapore Reports A Slight Decline in Marine Fuel Sales

Some 4.07 million metric tonnes (mt) of marine fuel were sold in the world’s biggest bunker port last month – marginally down on the 4.17 million mt recorded in August 2020. Last month’s...

Tankers Are Lining Up For Qatar

According to ship-tracking data, over a dozen ballast liquefied natural gas tankers are now loading off the coast of Qatar.  Seasonally low output has also contributed to the lineups, assess analysts. More than a...

China-ASEAN Meteorological Development Index Unveils Its 1st Batch Core Results

The China-ASEAN Meteorological Development Index unveiled its first batch of core results at opening ceremony of the 6th China Meteorological Equipment & Service Exhibition. The exhibition was held on Saturday in Nanning, capital...

Skou’s Sketch To End Fossil Fueled Ships By 2035

Skou is the CEO of Maersk, the world’s largest containerline, a company that has ordered world-first green methanol dual-fuelled boxships in recent months. He has used his first mover advantage in the green shipping rush. Søren...

How Can Rose Growers Help In Carbon Capture Solutions?

Rose growers may provide the ideal outlet for shipping emissions, following the introduction of a new carbon capture and storage (CCS) solution. Described by developer Value Maritime (VM) as a “plug and play”...

Castor Maritime Charters On Its Dry Bulk Carriers

Castor Maritime Inc. fixed time charter contracts on three of its vessels. The vessels include one Kamsarmax dry bulk carrier, and two Panamax dry bulk carrier. Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the...

Weekly Bulk Report – Week 36, 2021

The Baltic Exchange has released a report about the dry bulk market for the 35th week of shipping activities of this year. The report dated 10 September highlights the dry bulk market conditions at...

Industry Majors Reinforce Maritime Cybersecurity With New Solutions

New software and hardware will protect shipping information and operational technologies, reports Riviera Maritime Media. GTMaritime reinforces maritime cyber security GTMaritime is reinforcing maritime cyber security with its new version of GTDeploy software. This program enables...

How Does Size Do Not Matter In Shipping?

Jared Chaitowitz has a fleet of around 300 rental bikes in Cape Town, South Africa. He relies on a steady supply of spare parts - from pedals to bells - to keep them...