Tight Tanks Each week, Gibson monitors developments in refined product and crude oil inventories. Even before the invasion of Ukraine and subsequent sanctions on Russia, stocks were low in every major trading hub, leaving the world exposed

Disruption to global logistics and supply chains remains widespread, with overall port congestion now running above the levels seen last year and specific container fleet congestion trending towards previous highs. Discussing recent trends

Pierre Poitras, Technical Consultant at Conidia Bioscience, looks at how the increased percentage of biofuels can raise the cost of fuel as well as leave it susceptible to microbes. The analysis is based on the white paper Protecting equipm

The Swedish Dockworkers Union has given notice about nationwide blockade against Russian ships and cargo, as per the following statement: The Swedish Dockworkers Union has given notice to the employers organisation Ports of Sweden today abo

The Plastic Flamingo (the PLAF), with the support of the CMA CGM Group, a world leader in shipping and logistics, has launched a new recycling line at PLAF upcycling factory in Muntinlupa to upcycle the hard-to-recycle plastic sachet in the

Evergreen Line has placed an additional order for three of the worlds largest 24000TEU container ships at Hudong Zhonghua, bringing the number of 24000TEU-class super-large ships it has ordered at two shipyards of CSSC to nine. On March 15,

The Baltic Exchanges dry bulk sea freight index inched lower on Thursday as a drop in the larger capesize segment countered gains in panamax and supramax rates. The overall index, which factors in rates for capesize, panamax, supramax and h

V-Bunkers, Vitols Singapore bunker operations company,announced that its barges have recently made several deliveries of bio-fuel blended VLSFO. Mike Muller, Head of Vitol Asia said: We are delighted to have demonstrated in multiple deliver

As the demand for dual-fuel LNG vessels continues to accelerate, the marine pump specialist Svanehj is experiencing a significant increase in orders for deepwell fuel pumps. A large new order from Jiangsu New Yangzi Shipbuilding highlights

What is undoubtedly the worlds most famous luxury yacht is successfully operating an advanced BIO-SEA ballast water treatment system from Frances BIO-UV Group. Christina O, the 1943-built motor yacht named after the only daughter of Greek s

Oil market momentum continues as Brent crude futures trade as high as $139 and calendar spreads are signalling severe tightness. While theres been wild swings in prices recently, the oil market looks set to remain strong over the coming year

The Sea Cargo Charter sets a benchmark for what it means to be a responsible charterer within the maritime sector and provides actionable guidance on achieving this. Less than a year and a half after its launch, the initiative has now grown

Geopolitical developments, and how to adjust to them, will be centre stage at the Nor-Shipping Ocean Leadership Conference on 4 April in Lillestrm, Norway. Anders Fogh Rasmussen, the former Secretary General of NATO and Prime Minister of De

Fujian MaWei Shipbuilding and Eastern Pacific Shipping（EPS) signed a newbuilding contract for 6+4 2,900 TEU container ships. This cooperation is the first cooperation between MaWei Shipbuilding and EPS in the field of new shipbuilding. Th

The worlds largest deadweight multi-purpose heavy lift vessel made its maiden voyage, departing north Chinas Tianjin Port for Uddevalla in Sweden on Tuesday. Carrying 174 pieces of wind power equipment, the 62,000-tonne ship measures 199.9