by | May 13, 2024 | News
Tue, 30 Apr 2024 21:00:58 +0000 The high frequency of mooring operations and a high level of human involvement have resulted in multiple safety incidents related to mooring over recent years. The International Group of P&I Clubs reported 858 injuries and 31...
by | May 13, 2024 | News
Thu, 02 May 2024 21:00:57 +0000 A shortage of OSV vessels is a catalyst for significant digital transformation within the industry. Many OSV vessels were decommissioned or withdrawn during the pandemic, and with markets now recovering, this is leading to a scarcity...
by | May 12, 2024 | News
Mon, 29 Apr 2024 21:00:59 +0000 Increasing ton-mile demand is projected to become the norm in the tanker market, prompting many owners to increase their exposure to larger vessels. In its latest weekly report, shipbroker Intermodal said that “the first quarter of 2024...
by | May 12, 2024 | News
Mon, 29 Apr 2024 21:00:58 +0000 Iran’s recent attack on Israel has escalated the tensions in the Middle East and raised concerns over LNG trade through the Strait of Hormuz (SoH), a key and only feasible passage for Qatar and the UAE to export LNG. Any further...
by | May 12, 2024 | News
Tue, 30 Apr 2024 21:00:57 +0000 “Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found new buyers. India and China have taken most of the crude oil and dirty products while Türkiye and Brazil...
by | May 10, 2024 | News
Sun, 28 Apr 2024 21:00:59 +0000 Ton-mile demand is up across the board in the tanker market, helping keep rates high. In its latest weekly report, shipbroker Gibson said that “with the one third of the year already over and the Red Sea still off limits to the majority...
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