IMO’s Bunker Oil Norms Influences GRM

  Reliance Industries has reported a plunge in the June quarter refining margins, guided towards a stable scenario, implying the dependence on new bunker...

A Comprehensive Analysis of Marathon’s Business for IMO 2020

The first signs of IMO 2020 are affecting the oil market leading MPC to invested in complex refineries. High sulfur residual fuel estimated to...

Why Persistent Criticisms of Scrubbers Are Wrong?

Continued use of HSFO with exhaust gas cleaning systems has repeatedly been confirmed as an important part of the IMO’s policymaking arsenal. Scrubber...

Monthly Panamax Technical Report

Technically the index remains in a trending environment with resistance starting at USD 17,588. The RSI is overbought at 90, however again...

International Maritime Organization Standards Puts a Hike in Diesel Prices

International Maritime Organization (IMO) 2020 standard states that marine fuels containing no more than 0.5% sulfur by weight are to be used to...

Weekly Bulk Report – Week 29, 2019

The Baltic Briefing has released a report about the dry bulk market of the 29th week of shipping activities of this year. The report...

“TOYOTA MARU No.10” Operated by “K” LINE Awarded “Ship Heritage” Recognition

TOYOTA MARU No.10 has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in...

Oil Spikes After API Reports Largest Crude Inventory Draw of the Year

Crude oil inventory draw 10.961 million barrels for the week ending July 18, compared to expectations of smaller but significant 4.011-million barrel draw. ...

Middle East Tension Continues To Drive Oil Price Sentiment

According to a Freight Investor Services article, crude saw a late drop in prices last night after the U.S. Secretary of State dropped some...

Investment Risks Looms Big on Oil Tankers, As Climate Actions Becomes a Reality

According to analysts, a strong action on climate change would shrink demand for vessels by a third, impacting investment decisions being made now, says...