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Signal Weekly Tanker Market Monitor: Freight Market VLCC AG Supply Vs Demand

Chart of the Week| AG Supply Vs Demand • Despite some encouraging short-term signals, the underlying demand is not yet strong enough to fully warrant the current positive sentiment in the VLCC market. • AG freight conditions have improved from the early-January extremes, alongside a roughly 20% reduction in net vessel supply from recent peak …

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Shipping’s methanol mandate

In the race to re-fuel the shipping industry with environmental alternatives to heavy fuel oil, methanol has its staunch supporters. The greener, leaner fuel also has a firm foundation to build on. Marius Leisner, senior principal consultant in the Environmental Advisory unit at DNV, said methanol boasts a “ten-year track record as a marine fuel”, …

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Greece warns shipping fleet of risks after Black Sea drone attacks

Greece has warned its shipping fleet to review their security measures when sailing to Russian Black Sea ports after drone attacks on two Greek-operated tankers this week, according to shipping ministry advisories. Drones struck two oil tankers on Tuesday, including one chartered by U.S. oil major Chevron, as they sailed toward a Black Sea terminal …

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CF Industries, Trafigura and TFG Marine sign MOU to advance low-carbon ammonia for maritime decarbonization

CF Industries Holdings Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, Trafigura, a market leader in the global commodities industry, and TFG Marine, a leading global marine fuel supplier, today announced the signing of a Memorandum of Understanding (MOU) to facilitate the adoption of low-carbon ammonia as a marine fuel. Building …

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U.S. seizes Venezuela-linked tanker ahead of Trump-Machado meeting

The United States has seized another Venezuela-linked tanker, U.S. officials told Reuters, ahead of a meeting between U.S. President Donald Trump and Venezuelan opposition leader Maria Corina Machado. The seizure marks the sixth vessel targeted in recent weeks that was either carrying Venezuelan oil or had done so in the past. The officials, speaking on …

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Cargill Advances Maritime Decarbonisation with Delivery of First Green Methanol Dual-Fuel Vessel

Cargill today announced the maiden voyage of Brave Pioneer, the first of five green methanol dual-fuel dry bulk vessels chartered by the company. The deployment of the Brave Pioneer marks another important milestone in Cargill’s broader decarbonization efforts – one focused on innovation, testing and learning as the company works with customers and partners to …

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SEA.AI and BRNKL Partner to Deliver AI Vision Recording and Incident Intelligence for Maritime Operations

SEA.AI, the leader in AI-powered maritime situational awareness, has announced a new partnership with Barnacle Systems, engineers of advanced vessel monitoring and fleet intelligence solutions, enabling secure recording, storage, and analysis of AI-detected maritime events. The integration allows SEA.AI’s real-time machine vision detections, including vessels, floating objects, hazards, and near-miss situations, to be captured and …

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