Tag: surge
Tankers: Diesel Trade Landscape Changed After Surge in Russian Diesel Imports
The diesel trade in ton-miles demand is a totally different “animal”, after Brazil has significantly increased Russian diesel imports. In its latest weekly report, shipbroker Intermodal said that “the diesel import landscape in Brazil has undergone a significant transformation with a surge in Russian diesel imports, impacting the energy and shipping sectors. Diesel prices in…
Carbon dioxide shipping set to surge on rising offshore storage demand
Carbon dioxide transportation is shifting to the seas as emitters look to move captured gas to offshore storage projects, according to Rystad Energy. A fleet of 55 carriers will be required by 2030 to ship more than 90 million tonnes per year of CO2, along with 48 terminals to handle the import and export of…
