During the coming weeks Stena Bulk will perform a test running an MR tanker on 100% biofuel.

The fuel is the MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam, the Netherlands. It has been bunkered

Drewry’s container port throughput index remained stagnant with no monthly change in January 2020. However, the index was close to three points (2.1%) down when compared with January 2019. Most regions witnessed a monthly increase in container port throughput index

OxGas, a company fully owned by the Port of Oxelösund in Sweden has commissioned MAN Energy Solutions to act as “owners engineer” in the development and construction of a multi-functional terminal for liquefied methane-based fuels in the port of Oxelösund.

The International Maritime Organization (IMO) member states agreed in 2018 “to reduce the total annual GHG emissions by at least 50% by 2050 compared to 2008” as part of the “initial IMO Strategy on reduction of GHG emissions from ships”.

In

ING oil price forecasts

Demand contraction
The outlook for the oil market changed following the failed OPEC+ meeting in early March.

From the desk of the Panama Maritime Authority Administrator, Noriel Arauz.
Dear shipowners, customers and all seafarers. As the Panama Maritime Administrator supervising the Panama Ship Registry, I want to reassure our loyal customers who had trusted Panama to flag

With the slogan “Transport keeps us going”, ESPO, together with 33 organisations has issued a Declaration stressing the essential role transport is playing in the corona crisis.

“Transport and logistics play a crucial role in the supply of essential goods in

The International Chamber of Shipping (ICS) and the International Association of Ports and Harbours (IAPH) have joined forces to call on G20 leaders to act quickly to protect global supply chains from the impact of COVID-19. In an open letter

China's annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average. China remains the world's top crude oil importer, surpassing the United States

VLCC
After the Saudis lifted subjects on nearly all their VLCC in-charters last week, there seemed to be an activity vacuum, with only a few other fixtures being concluded, whilst charterers waited for the natural gravity effect of sentiment driven