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DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point

By 2030, the alternative-fuelled fleet will be able to burn up to 50 million tonnes of oil equivalent (Mtoe) of low-greenhouse gas (GHG) fuels annually, double the estimated volume needed to meet the International Maritime Organization’s (IMO) 2030 emissions target....

Product tanker newbuilding contracting drops 86% to nine-year low

“Between January and August, product tanker newbuilding contracting dropped 86% y/y to 2.6 million deadweight tonnes (DWT) representing a nine-year low,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The development marks a stark reversal from the boom seen...

Tanker Market Fragmented With Performance Varying

The tanker market is fragmented with each class showing varying performance, as a direct result of changing trade flows. In a recent weekly report, shipbroker Xclusiv said that “the oil market is once again caught between contrasting narratives, with the International...

Hi-5 spread narrows amid bearish VLSFO

Asia’s hi-5 fuel oil spread narrowed further on Wednesday as the very low sulphur fuel oil (VLSFO) held onto a bearish tone. The hi-5, which reflects the premium of VLSFO over 380-cst HSFO, closed at about $72 a metric ton, based on LSEG data. The spread has shown...

ZERO44 warns against the “pooling hype”: New whitepaper shows why alternatives are often the cheaper option

Pooling is often presented as the simplest answer to the requirements of the FuelEU Maritime regulation. But the reality is more complex: in many cases, other strategies such as biofuel blending, internal pooling, or technical measures are cheaper in the long term....

DNV and HD KSOE to collaborate on next-gen operator training solution

DNV and HD KSOE have announced a strategic collaboration to deploy a next-generation digital twin-based Operator Training Solution (HiDTS-OTS), successfully demonstrated at Gastech. The solution is designed to enhance the safety and efficiency of maritime operations....

DNV: Fleet readiness surges ahead of fuel supply – green transition at a tipping point

Product tanker newbuilding contracting drops 86% to nine-year low

Tanker Market Fragmented With Performance Varying

Hi-5 spread narrows amid bearish VLSFO

ZERO44 warns against the “pooling hype”: New whitepaper shows why alternatives are often the cheaper option

DNV and HD KSOE to collaborate on next-gen operator training solution

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