TMS launches programme for 2024 Tanker Conference
DUBAI : The Maritime Standard is launching the programme for the 2024 edition of its well established Tanker Conference, now in its 9th year, which will take place
Great Eastern contracts to buy a 2013-built MR product tanker
MUMBAI : Great Eastern Shipping Company has contracted to buy a Medium Range product tanker of about 49,990 dwt on 06 June 2024. The 2013 built vessel is
Charter owners’ share of fleet has fallen to 40%, lowest since 2002 : BIMCO
LONDON : The charter owners’ container fleet has grown at an average annual rate of 3.2% for the past twelve years and currently stands at 11.7m TEU. The
TMS Tanker Conference 2024 to focus on sustainable shipping
DUBAI : The Maritime Standard is pleased to confirm that the ninth annual The Maritime Standard Tanker Conference will take place on Thursday 7th November 2024. The conference
Stevin Shipping undertakes major Iron Ore Shipments on India’s East Coast
BHUBANESHWAR : Stevin Shipping Private Limited, a prominent player in the shipping and logistics industry, is set to manage two substantial dry bulk cargo movements involving iron ore
India’s use of crude tankers to export diesel slows in May
NEW DELHI : Indian refiners’ use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared
Intermarine launches Intermarine Bulk Carriers and expands fleet by two vessels
NEW ORLEANS : Intermarine has thrived since its full integration into the SAL-Intermarine Group a year and a half ago. Specialized in liner services and project cargo, the
Russia reinsurer backs firms to get India marine insurance permit
NEW DELHI/MOSCOW : Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers,
Dry Bulk shipping fundamentals seen improving moving forward : BIMCO
LONDON : We expect the supply/demand balance to strengthen in 2024 and weaken in 2025. Supply is estimated to grow by 2-3% in 2024 and 1.5-2.5% in 2025,
EU tanker import tonne mile demand up 12% as ships avoid Red Sea area : BIMCO
LONDON : “In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for