Charterers often face a well-known challenge on time-charter trips: due to restrictive benchmark conditions, no qualifying good-weather days may be available, yet the vessel significantly underperforms. In owners’ markets, benchmark definitions become more...

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Safetytech Accelerator is leading a pioneering programme to understand and control the growing risks associated with shipboard fires. Its Cargo Fire & Loss Innovation Initiative (CFLII) is a robust approach to testing new technology involving partners from across...

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On April 12, 2026, the Swedish Coast Guard intercepted and detained the Panama-flagged bulk carrier HUI YUAN approximately 19 nautical miles southeast of Ystad, on suspicion of discharging coal residues into the Baltic Sea. The vessel had departed Ust-Luga, Russia,...

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March was not a normal month for oil markets. The US-Israeli strikes on Iran and ensuing de facto closure of the Strait has dramatically impacted the month’s tonne-mile data. Against that backdrop, the scale of the decline is perhaps less surprising than the question...

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