The new green alternatives to traditional bunker fuel have so many flaws that demand for bunker oil is unlikely to change significantly over the coming two decades, says Opec.
In a new report, the Organization of the Petroleum Exporting Countries presents its expectations for the oil market ahead to 2045.
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Skuld cautions shipowners about cases involving contaminated bunker fuel
Norwegian insurer Skuld is seeing an uptake in cases involving bunker fuel that buyers say failed to live up to the quality that was ordered. Skuld recommends that shipowners and charterers test the fuel they have ordered from bunker suppliers.
Shipowners rushing to place orders for mid-sized container vessels in 2021
A strong market for chartering out container vessels has triggered a huge influx of orders at shipyards for small and mid-sized container vessels. One shipowner is behind a big share of the orders, according to Alphaliner.
Shipowners on EU proposal: Loopholes risk undermining efforts towards green shipping
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Port of Rotterdam reports substantial volume growth
The Port of Rotterdam has seen volumes soar over the course of 2021.
Kuehne+Nagel more than doubles earnings in third quarter
Logistics major Kuehne+Nagel is reaping the rewards of a strong global demand for transport, which has resulted in soaring earnings. The constrained market situation is expected to continue in coming months.
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