Shipping carbon levy support surges another 25% at IMO

During the International Maritime Organization (IMO) climate talks in London, 13 additional countries support a global carbon levy on shipping. These are (on background): Dominica, Georgia, Grenada, Kiribati, Malawi, Mexico, Namibia, Nauru, New Zealand, Senegal,...
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Tanker Weekly Market Monitor: Russian Oil Flows

Tanker Weekly Market Monitor: Russian Oil Flows
The evolving geopolitical landscape surrounding the Russia-Ukraine war and global energy markets presents critical implications for crude oil supply and trade dynamics. As diplomatic efforts emerge to end the conflict, the oil market is closely monitoring potential...
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Seaborne Trade and US Tariffs: A Mixed Bag

The impact of potential U.S. tariffs in a series of countries and regions could have be significant in the shipping markets. In its latest weekly report, shipbroker Xclusiv said that “U.S. President Donald Trump’s decision to impose a 25% tariff on all steel and...
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Onboard carbon capture: a bridge to zero-emission shipping?

n the long run, alternative fuels are expected to help shipping achieve net zero greenhouse gas (GHG) emissions by 2050. However, the inescapable fact is that the majority of the current world fleet cannot be retrofitted to run on alternative fuels, meaning they will...
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