Benchmark
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Marine World
Oil Tanker Booked in Persian Gulf at 897% of Benchmark Rate
One of the world’s biggest operators of supertankers has provisionally booked a vessel to transport oil from the Persian Gulf…
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Port News
Mercuria and Baltic Exchange set for fast-tracked Hormuz benchmark showdown
An expedited High Court trial has been scheduled for October 26 in London in the growing legal battle between commodity…
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Maritime News
ETA Report Offers First Ever Industry Benchmark of ECDIS Knowledge
Two years after launching its ECDIS Training Assessment (ETA) platform, NorthStandard draws on cumulative assessment data in a new report…
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Maritime News
New Global Benchmark Ranks Top Container Ports Worldwide
Maritime transport carries close to 90 percent of global trade by volume, and container ports alone handle more than 80…
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Maritime News
Sperry Marine Sets New Benchmark for Heavy Lift Ship Performance
Sperry Marine, a global leader in navigation solutions for seagoing vessels, has completed the first of five VisionMaster integrated bridge…
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Port News
Oman’s Asyad Shipping sets new VLCC pricing benchmark with $205m double swoop
Cash-rich Asyad Shipping, formerly known as Oman Shipping Co, has completed a deal for a pair of VLCCs, the first…
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Maritime News
NOV '24 US Transport Unemployment Up Again, now above Pre-Pandemic benchmark
The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in November 2024 according to the Bureau…
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Port News
Shipowners welcome 40% production benchmark for clean shipping fuels in Europe
European shipowners welcomed the inclusion of clean fuels for shipping, including advanced biofuels and e-fuels, in the list of net-zero…
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Port News
New benchmark set with sale of Norwegian VLCC
The sale of a Norwegian-flagged VLCC has set a new benchmark as tanker values continue to climb. The Korean-built, eight-year-old…
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Marine World
Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps
By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused…
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