News
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Continued downward pressure with a significant decline in VLCC demand growth rates
The second week of September maintains its grip on the crude oil freight market’s sentiments, as VLCC rates have yet…
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Updated suite of IG-recommended Letter of Indemnity wordings
The International Group (“IG”) Standard Form Letters of Indemnity (given in return for delivery of cargo without production of an…
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LISW panel: regulation essential for shipping decarbonisation
Regulations will drive decarbonisation; LNG is short-term transition fuel; and while the intention of the ETS is good it is…
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Ship Owners Splurge The Money for Newbuildings
Ship owners have been quite active in the newbuilding and S&P markets this past week. In its latest weekly report,…
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Brazilian iron ore export volumes increased in August, leading to a boost in Capesize tonne days
In the second week of September, despite the ongoing challenges surrounding China’s economic recovery and uncertainties regarding grain trade negotiations…
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US dirty tanker export demand jumps 33% year-on-year
US oil production has increased since 2013 while US refinery runs peaked before the COVID pandemic. This has allowed dirty…
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ABS Wavesight and Procureship to Optimize Marine Procurement Lifecycle
The automation and data analytics tools will drive cost savings, efficiency boosts, and accuracy improvements for…
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Riviera – News Content Hub
David Dingle (Carnival UK): “We want to get to the decarbonisation goal as soon as we can and that is…
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ABS Certifies HD KSOE Operating Training Simulator
(SINGAPORE) ABS has certified advanced new training courses and facilities, including an operating training simulator,…
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Ship Recycling: India Increasing Activity as Pakistan Reopens for Business
The ship recycling market seems to be “waking up” once again. In its latest weekly report, shipbroker Clarkson Platou Hellas…
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