Econowind has received a repeat order from Terntank for the installation of eight VentoFoil units on two additional methanol-ready hybrid

LNG

The LNG market saw mixed sentiment this week, with rates holding steady on some routes and softening on others, as

A live methanol firefighting exercise and cutting-edge Virtual Reality tools spotlighted the frontline risks seafarers face in the fuel transition,

For decades, the Strait of Hormuz has remained one of the most sensitive geopolitical chokepoints in the world. This narrow

Clean

LR2
LR2 freight in the MEG remained balanced this week with rates stable. The TC1 75kt MEG/Japan index stayed in the high WS120’s to Low WS130’s. A TC20 90kt MEG/UK-Continent trip also hovered around the $3.7mill mark.

West of Suez, Mediterranean/East

From the outside, it looked like a normal ship, docked in London’s Canary Wharf on a sunny March morning. But

Egypt’s national efforts towards decarbonizing the shipping industry are being formulated into a National Action Pan, with support from IMO’s