VLCC Voyage Counts Decline: Unraveling The Impact Of Shifting Trade Dynamics

This week, in the East, we discuss falling VLCC voyage counts after a record-high March and why MRs are remaining in China despite tight...

Global XSI® Edges Up In April Amid An Array Of Interesting Market Dynamics

The latest Xeneta Shipping Index (XSI®) data has revealed an array of interesting market dynamics in April. The Global XSI® reached 154.3 points in April,...

The World’s Largest Cargo Ship Makes Impressive Arrival In Britain

Britain’s largest and busiest container port, the Port of Felixstowe, witnessed a remarkable event as the MSC Loreto, one of the world’s joint-largest cargo...

New Program Focuses On Ammonia Fuel Safety

Ammonia is gaining traction as a potential clean fuel for the future, with the first ammonia-powered vessels expected to debut as early as 2025....

CO2 Storage Licenses In English Channel Up For Grabs

UK regulator North Sea Transition Authority (NSTA) has launched a competitive process inviting applications for CO2 appraisal and storage licenses in an area of...

Maersk Q1 Results: Meeting Expectations Amid Red Sea Disruptions

A.P. Moller - Maersk (Maersk) reported first-quarter results in line with expectations, showing a robust recovery in earnings compared to the previous quarter. ...

Addressing The Threat Of Dark Fleet Tankers

The International Oil Pollution Compensation (IOPC) Funds convened in London to confront the escalating danger posed by "dark fleet" tankers, a concerning phenomenon...

Tanker Market Outlook: Balancing Optimism And Challenges

In the analysis of the tanker market outlook, various factors are scrutinized to offer stakeholders a comprehensive understanding of industry dynamics. The interplay...

Charting Legal Waters: The Journey Of Maritime Autonomous Surface Ships (MASS)

The International Maritime Organization (IMO) Legal Committee (LEG) recently convened its 111th session from April 22 to 26, 2024, during which a roadmap...

Rushing To Decarbonize: The Shipping Industry’s Exploration Of Alternative Fuels

The shipping industry, responsible for approximately two percent of global greenhouse gas emissions, is under pressure to decarbonize. Heavy fuel oil (HFO), traditionally...