Clean

LR2

LR2 freight in the MEG recovered by mid-week to then plateau. The TC1 75kt MEG/Japan index climbed 13.06 points to WS125. A TC20 90kt MEG/UK-Continent trip also went from $3.38mill to $3.65mill.

West of Suez, Mediterranean/East LR2’s held completely flat this

Environmental groups raise alarm over the news that nearly 60 LNG Tankers are sitting idle amid collapsing demand and an

Maritime transport is crucial for global trade, accounting for 80% of trade volume,1 but contributing more than a 10th of the transport sector’s CO2 emissions. With cargo volumes rising, can the shipping sector lower its carbon footprint?

Shipping is one of

As part of its ongoing fleet optimization plan, Yang Ming Marine Transport Corporation (“Yang Ming”) held its 404th Board Meeting

The Department of State, the Maritime Organization of West and Central Africa, and the Cote d’Ivoire’s Ministry of Transport co-hosted

GTT Strategic Ventures, the venture capital arm of the GTT group, announces its participation in the second close of a

Asia’s high sulphur fuel oil spot market extended losses on Friday, as discounts deepened and the contango market structure widened.

Singapore

Onshore fuel oil stockpiles snapped a three-week run of gains as both imports and exports declined, official government data showed

In a groundbreaking project, Sanfu Shipyard in China delivered two state-of-the-art, methanol dual-fuel container feeder vessels to the owner MPC