CPC Crude Exports Shift Toward Suezmax Dominance
Kazakhstan Output Boost Drives Larger Tanker Use.
Asian Demand Reshapes CPC Shipping Strategy.
Suezmax Utilisation Hits 4-Year High at CPC Terminal.
During the first...
China Becomes Top Buyer of Canadian Oil via TMX
Canadian Oil Exports to China Surge After TMX Expansion.
U.S. Trade War Drives Shift in Crude Flow Patterns.
TMX Opens Pacific Route for...
CMA CGM to Restructure Fleet to Bypass U.S. Fees
Less Than Half of CMA CGM Ships Built in China.
Chinese-Built Vessels Face Highest U.S. Port Charges.
Trump Praised CMA CGM’s $20 Billion...
Dry Bulk Market Weekly Report Capesize Strengthens, Panamax And Supramax Struggle
The dry bulk shipping market displayed a mixed performance this week, with Capesize rates recovering strongly, while Panamax and Supramax/Ultramax segments remained under pressure...
Black Sea MoU Report Highlights Rising Safety Concerns Amid Conflict
The Black Sea Memorandum of Understanding (BS MoU) on Port State Control (PSC) has released its 2024 annual report, reflecting the significant impact of...
DEME Acquires 50% Stake In Bauer Offshore Technologies To Strengthen Offshore
In a strategic move to enhance its offshore energy portfolio, DEME Offshore Holding NV, a subsidiary of DEME Group NV, has acquired a 50%...
Shanghai Builds World-Class Automated Terminal At Xiaoyangshan Island
In a strategic move to address shoreline scarcity and boost operational efficiency, Shanghai is transforming the north area of Xiaoyangshan Island into its largest...
Germany to Begin Domestic Ship Recycling with First Authorized Facility
EWD Benli Recycling GmbH became the first German company authorized to recycle seagoing vessels domestically.
This milestone marks a new chapter for the...
Week 20 Bunker & Energy Update: MABUX Gains, Gas Storage Up, Alt-Fuel Orders Rise
Bunker indices surged in Week 20, with 380 HSFO up $20.50, VLSFO up $21.40, and MGO LS up $22.25 per MT.
European gas storage reached 43.1%...
Watch: Huge Ice Chunks Break Off Perito Moreno Glacier
Massive ice chunks, some as tall as 70 m, have begun breaking off Perito Moreno Glacier with uncommon frequency after decades of relative stability.
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