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IMO mid-term measures: expert guidance required following MEPC 83

As part of our recent webinar following MEPC 83, two of LR’s regulatory and advisory experts explained that the proposed mid-term GHG reduction measures, while challenging, can also present commercial opportunities if properly managed. Despite the complexity, cost,...

Tanker Market: Extreme Uncertainty is the New Norm

A prolonged period of too many unknowns seems to now be the new operating reality for tanker owners. In its latest weekly report, shipbroker Gibson said that “every year since 2020, as analysts we have complained that the outlook for the market has never been so...

Last Chevron-chartered vessel starts to return oil cargo in Venezuela, data and source say

A vessel chartered by Chevron CVX carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan port on Thursday, according to shipping data and a source. It would be the last tanker to return its cargo following state company PDVSA’s...

HSBC says trade turmoil poses serious risks to global growth

Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to provide the medium term outlook effectively, HSBC HSBA Chairman Mark Tucker said on Friday. Speaking at the bank’s annual...

Greece approves tender for hydrocarbons search in four offshore blocks

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron CVX and Helleniq Energy ELPE, the energy ministry said on Thursday. Greece this week issued a ministerial...

Danish Shipping: Activation of War Insurance Institute Is Perfectly Timed

Danish shipping is a strategic asset for Denmark. A new legislative proposal on war insurance will ensure that the Danish merchant fleet can remain insured and continue sailing in the event of war. In an extraordinary situation where Denmark and Danish shipping are...

IMO mid-term measures: expert guidance required following MEPC 83

Tanker Market: Extreme Uncertainty is the New Norm

Last Chevron-chartered vessel starts to return oil cargo in Venezuela, data and source say

HSBC says trade turmoil poses serious risks to global growth

Greece approves tender for hydrocarbons search in four offshore blocks

Danish Shipping: Activation of War Insurance Institute Is Perfectly Timed

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