Technology
The HyShip Project with SeaShuttle Vessels Aims to Transform Carbon-Free Transportation
The HyShip project, utilizing SeaShuttle vessels, aims to create a complete hydrogen ecosystem for maritime transport in...
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Oil and Petrochemicals
Increase in Oil Transportation Costs in the Strait of Hormuz
Oil transportation costs through the Strait of Hormuz have significantly increased. Oil tankers in this region are facin...
Economy
1% Decrease in Global Container Index Last Week
The Global Container Index (WCI) reached $4,468 for a 40-foot container. Rates on the Asia to Europe route decreased by...
Economy
Decrease in Demand for Green Fuels in the Shipping Industry
Reports indicate that the demand for green fuels in shipping has significantly declined, and new fleets are unable to co...
Oil and Petrochemicals
Significant Decrease in VLCC Market Activity Last Week
The VLCC market experienced a significant decrease in activity and recorded rates last week. These changes are noticeabl...
Exclusive Report
The Yemeni government warns of Houthi threats to the global economy
The Yemeni government has called on the international community to respond to Houthi threats in the Bab el-Mandeb Strait...
Oil and Petrochemicals
Agreement of Chinese Owners for the Charter of the Capesize Ship 'Highland'
Chinese owners have secured the Capesize ship 'Highland' with a capacity of 174,000 tons for a period of three years. Th...
Oil and Petrochemicals
MACN Introduces Its New Members: ABS, DNV, and RINA
MACN has taken an important step in strengthening integrity in the maritime industry by accepting three classification o...
Oil and Petrochemicals
The Global CPP Market is Strongly Supported
The global petroleum products market (CPP) is firmly supported this week. This situation is clearly influenced by simila...
Oil and Petrochemicals
Hardip Singh Puri Emphasizes Continuation of India's Oil Product Exports
India continues its commitment to oil product exports despite geopolitical tensions and declining exports. Hardip Singh...
Oil and Petrochemicals
6% Increase in Heavy Fuel Oil Inventory in Singapore
Heavy fuel oil inventory in Singapore increased by 6% in September compared to August. This increase coincided with a 12...
Oil and Petrochemicals
Worth Farabi Appointed as Director of Government Relations for the Texas Railroad Commission
Worth Farabi has been appointed as the new Director of Government Relations for the Texas Railroad Commission. With two...