Atlas Maritime leverages DNV service to verify cargo discharge savings

The optimization of cargo discharge operations (CDO) is a digital service developed by DNV to help tanker operators realize fuel and cost-saving potential when discharging cargo at terminals or ship-to-ship. Neglected in the past, when bunkering was inexpensive and carbon intensity was not a concern, this process is attracting more attention today. The need to …

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VLCC Tanker Market Calms Last Week

Clean LR2 LR2 freight in the MEG weakened this week with reports of demand reduced for the size over the last few days. The TC1 75kt MEG/Japan index dropped from WS151.94 to WS144.17. A TC20 90kt MEG/UK-Continent trip also lost $125,000 of value to $4.03mill. West of Suez, Mediterranean/East LR2’s ticked up gently by $31,000 …

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Capesize Market Holds Steady Last Week

Capesize The Capesize market held broadly steady this week, moving within a narrow range as sentiment shifted between softer patches and bursts of firmer activity. In the Pacific, early caution prevailed despite multiple miners in the market, with C5 rates dipping below $10 midweek, rebounding to the low $10s as operator-led fixtures gained traction, then …

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Unlocking the True Potential of FPSO Operations with a Contextual Digital twin

Digital transformation in offshore operations doesn’t begin with most advanced complex solutions —it starts with solving the everyday data access issues engineers face. Aize’s digital twin is doing just that for FPSO operators. Why Data Alone isn’t the Answer The oil and gas industry has never had a shortage of data. But for the technicians, …

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