The dark fleet has tripled in size since 2022 and, as Windward’s Senior Maritime Intelligence Analyst Michelle Wiese Bockmann told delegates at ARACON 26, ‘Russia’s shadow fleet has evolved into a parallel fleet – it’s not a shadow fleet anymore.’ Speakers in the first session of the conference in Rotterdam covered global marine fuel market trends, European pricing dynamics in the context of a geopolitically volatile and uncertain climate, the economic environment for shipping and the changing behaviour of the sanctioned fleet. Explaining ‘the big picture’ for the shadow fleet, Bockmann said that 40% of seaborne trade is now taking place […]

Finnish state-owned energy company Gasum has announced the appointment of Lowina Lundström as Vice President, Biogas. Lundström, who will start her new role on 1 December, will be responsible for Gasum’s biogas business development and a member of the Group’s Management Team. She joins Gasum from EIT InnoEnergy, where she most recently served for three years as CEO Scandinavia, managing a portfolio of clean energy companies, investments and shareholder relations. Before that, she was Executive Vice President at Svenska kraftnät. ‘I am passionate about European energy policy and about getting the right players to work together on the energy transition,’ […]

Shell Marine has announced that Dutch biofuels supplier FincoEnergies has become the new Authorised Distributor for its products and services in The Netherlands. ‘By combining Shell Marine’s global expertise with FincoEnergies’ strong local presence and market knowledge, we are strengthening our ability to support customers across the local Dutch coastal maritime sector with high-quality lubricants, technical expertise, and trusted service,’ Shell Marine said in a social media post today (2 November). ‘Together, we will focus on growing the Shell Marine lubricants and services business in the Netherlands and delivering greater value to ship owners, operators, and customers throughout the local […]