ARA gasoline stocks rise 9%, Insights Global data shows
Independently held gasoline stocks in storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by over 9% in the week to…
The ship tech needed to get green shipping corridors up and running is ready to go
Recognizing the need for climate action, the International Maritime Organization (IMO) adapted a new strategy in 2023 to incorporate a net-zero emissions…
Panama Canal traffic to increase as drought conditions ease
The Panama Canal Authority (APC) announced this month that it will increase the number of daily booking slots for vessels transiting the…
Singapore fuel oil stockpiles slip, snaps four-week climb
Onshore fuel oil stockpiles at key trading and storage hub Singapore fell in the week ended June 26 after climbing for four…
EU to place sanctions on 19 energy-related ships including LNG vessels
The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as…
New survey findings shed light on the impact of decarbonisation on seafarers’ wellbeing
Asurvey carried out by the International Seafarers’ Welfare and Assistance Network (ISWAN) and sponsored by The Shipowners’ Club indicates that the rapid…
MLC 65% effective says SRI
New research from SRI, the international pan-industry body researching maritime and seafarers’ law, concludes that the Maritime Labour Convention is not being…
Crude Tankers Entering the Clean Trade Could Have Significant Impact
The product tanker market seems to be in a divergence path with the crude tanker market, after a period of high volatility.…
Transhipment ports challenged by changes in call patterns amid the Red Sea crisis
Key transhipment ports, such as Singapore, have witnessed a sharp rise in congestion due to the impact of Red Sea carrier service…