News

Shipowners expect fleets will use three or more fuels by 2030 A survey of shipping companies found that the multi-fuel future expected for the maritime industry applies to individual fleets as well as the broader market. Gary Howard | Apr 20, 2023 Stakeholders in the shipping industry face the challenge of choosing alternative

US analysts focus on LNG shipping stocks in FLNG/FSRU space The LNG shipping sector has seen a reshuffling of listed entities in recent years, against the backdrop of extreme cyclicality. Barry Parker | Apr 11, 2023 A year after the Russian invasion of Ukraine, and resultant changes in seaborne flows of LNG, the

The Year of the Rabbit brings good tidings for VLCCs Mette Frederiksen, head of research and insight at Tankers International, writes for Splash today. China is a key driver of the VLCC market. The sheer scale of the country’s need for oil and an infrastructure system built to accommodate large crude oil tankers

Five reasons for tankers owners to be cheerful in 2023 New York broker Poten & Partners has identified five reasons why tanker owners should be cheerful this year. Paul Bartlett | Jan 16, 2023 The firm’s projections come with a health warning, however. Nobody forecast Covid-19 or Russia’s invasion of Ukraine – developments

Tankers To Stay the Course During 2023 The tanker market is expected to stay firm during 2023, with both demand and supply fundamentals expected to help the market to remain at high levels. In its latest weekly report, shipbroker Gibson said that “12 months ago, we titled our closing report of 2021 ‘A

The tanker party only just getting started With the tanker market continuing to set new highs the question at Marine Money in New York was whether the party would continue, or indeed has even got into full swing yet. Barry Parker | Nov 21, 2022 The tanker owner panel, moderated by Evan Uhlick,

Norwegian floating green ammonia facility project presses ahead Oslo-based H2Carrier has been granted approval in principle (AiP) from class society DNV for what it says is the first design of an industrial scale floating green hydrogen and ammonia production and storage facility. The concept, called P2XFloater, is based around making a life extension

Jet Fuel Comes into Contention for the Product Tanker Market Jet fuel is being imported in larger quantities in Europe, which could help the product tanker market in the next few months. In its latest weekly report, shipbroker Gibson said that “this summer travel season has been marked by widespread flight cancellations, airport chaos and

Platts to launch first carbon-accounted tanker assessments as shipping faces EU emission trading system coverage &P Global Commodity Insights has announced it will launch daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). The new assessments will show the cost of carbon dioxide emissions from fuel combustion to transport

G7 to Allow Fossil Fuel Financing If Climate Pledges Kept Group of Seven nations are set to allow some exceptional public financing of overseas fossil-fuel projects to continue provided that the investments are consistent with prior climate-change agreements, according to people familiar with the matter.The final text of the leaders’ statement, due to be published