March 29, 2025
News
Ammonia-Powered Tugboat Achieves Groundbreaking Three-Month Voyage, Cutting GHG Emissions by 95%
The world’s first commercial ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage. This innovative tugboat, operating in Tokyo…
March 29, 2025
News
Forecast for Fuels Availability Across the Americas
The fuel availability outlook in the Americas highlights varying conditions across North America and the Caribbean and Latin America, with…
March 29, 2025
News
Gibson Tanker Analysis
The Gibson tanker report titled “Power Shift” highlights a significant slowdown in global oil demand growth for 2024. The growth…
March 29, 2025
News
HSFO: Cash Differentials Decline Amidst Reduced Trading Activity
The cash differentials for high sulphur fuel oil (HSFO) in Asia saw a decline as there were no transactions at…
March 29, 2025
News
VHBS Week 13 Assessment Index for New ConTex Container Ship Time Charters
The VHBS New ConTex Container Ship Time Charter Assessment Index for Week 13 indicates a steady state in the chartering…
March 29, 2025
News
Drewry Reports 4% Decline in World Container Index Last Week
Drewry has reported a 4% decline in the World Container Index, bringing it down to $2,168 per 40-foot container for…
March 29, 2025
News
US Port Fees Expected to Impact Two-Thirds of Tanker Fleet Operations
The recently proposed US port fees may significantly impact a vast majority of the tanker fleet, especially those linked to…
March 29, 2025
News
Musk Claims $1 Trillion in US Spending Cuts Feasible Without Reducing Essential Services
Elon Musk, the tech billionaire recently appointed by former President Donald Trump as his cost-cutting czar, made headlines during a…
March 29, 2025
News
Tanker Weekly Update: Canadian Crude Exports to Europe Rise Amid U.S. Tariffs and Freight Rate Increase
The latest developments in the tanker market indicate a significant rise in Canadian crude oil exports to Europe, influenced by…
March 29, 2025
News
Shipping Industry Confronts Rising Operational Costs and Disruptions in Shipping Routes
The shipping industry is currently grappling with increased operational costs and route disruptions, largely influenced by geopolitical tensions and rising…