Oil Stays Range Bound As Dismal Demand Projections Are Disclosed
by Ship Bunker
Thursday, May 09, 2024
Meanwhile, the Israel/Hamas war continues losing influence among traders.
Majority of Scrubber Investments have Already Reached Break Even: New Study
by Ship Bunker
Wednesday, May 08, 2024
Within five years after installation, more than 95% of the ships with the most common scrubber systems reach break even.
EVs and Tanker Shipping: A Cooling Market Could Lengthen Peak Oil Projections
by hellenicshippingnews...
Wednesday, May 08, 2024
A cooling of EV sales globally, could move peak oil projections further down the line, thus lengthening the existing tanker fleet’s lifespan. In its latest weekly report, shipbroker Gibson said that “in recent months we have seen some gloomy developments in the electric vehicles (EV) market. Rental company Hertz has already announced its plans to ...
Container ship deliveries hit new YTD record of 1m TEU
by hellenicshippingnews...
Wednesday, May 08, 2024
In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been delivered during the first four months of the year, an increase of nearly 80% compared to the previous record. As ship recycling ...
Baltic Exchange Information Services Limited (BEISL) publishes the reports following two independent audits conducted by PricewaterhouseCoopers LLP (PwC) for dry bulk and container box indices
by hellenicshippingnews...
Wednesday, May 08, 2024
PricewaterhouseCoopers LLP (PwC) has concluded two independent assurance engagements on the suitability of the design and operating effectiveness of controls relating to container box and ocean bulk index administration at Baltic Exchange Information Services Limited (BEISL). The audit, which is the fourth annual cycle between PwC and BEISL, is commissioned by BEISL to ensure the ...
Finnlines Targets Fleet-Wide 7% Bunker Savings
by Ship Bunker
Wednesday, May 08, 2024
With graphene-based hull coating.
Brazil: Bunkering Operations Suspended in Rio Grande
by Ship Bunker
Wednesday, May 08, 2024
Local supplier Raizen has advised that any vessels due to have called at Rio Grande to reroute to Salvador for bunkers.
U.S. Coast Guard Extends Merchant Mariners’ Credential Renewal Period
by Mike Schuler
Wednesday, May 08, 2024
The U.S. Coast Guard (USCG) has announced an extension of the renewal grace period for expired merchant mariner credentials (MMC) in response to the recent challenges faced by the domestic...
ClassNK Releases New Alternative Fuels Insight Report
by Ship Bunker
Wednesday, May 08, 2024
The free-to-access 67 page report, ClassNK Alternative Fuels Insight, is available now.
Giant Johan Castberg FPSO Prepares to Set Sail
by Bloomberg
Wednesday, May 08, 2024
By Stephen Treloar and Kari Lundgren (Bloomberg) — The vessel that will tap Norway’s newest oil field is now undergoing final checks before setting sail for the Barents Sea, the...