SSY Global Head of Research Roar Adland likens algorithms difficulty of dealing with the unpredictability of shipping to that of disabling an autonomous vehicle with a traffic cone.

Four Newcastlemaxes and two Very Large Ammonia Carriers (VLACs) fitted with Ammonia dual-fuel engines are due for delivery from 2026.

Singapore-headquartered Trafigura is to install a real-time emissions monitoring system developed by Daphne Technology aboard a chartered LNG carrier managed by Monaco-based Latsco LNG LLC.

Euronav Ship Management Hellas’ managed vessels will be managed by Anglo-Eastern under a sale and purchase agreement.

Iran’s launch of 300 drones and missiles aimed at Israeli targets in the early hours of Sunday has led to a sharp rise in energy-related geopolitical risk and an expected spike in oil prices.

The World Trade Organization (WTO) forecast a return to world trade growth in 2024 but highlighted a list of downside risks.

Announcing results lifted by a strong chemical tanker market in the first quarter, Stolt-Nielsen said it expects even better charter rates in Q2.

Danish tanker operator Torm says it has developed a company-wide system to increase its vessels’ energy efficiency while it waits to see which fuel will be best to select for any future newbuildings.

A Euronav investor has filed in Belgium to undo the recent big changes at Euronav after it failed to halt CMB’s mandatory takeover bid last month.