Decision is unique as few product tanker owners have chosen scrubbers as post-2020 solution
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While much has been discussed on the record-breaking year of tanker demolitions, the market is about to enter into a relatively calm period. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with Ramadan now having finished…
Demolition Market Quiets Down Read More »
VV Analyst Court Smith, discusses what’s next for the shipping industry if possible tarrifs are put in place by the US against China. Tankers The restriction on US crude exports was lifted in December of 2015, removing a market distortion that re…
US China Trade War: A Shipper’s Guide Read More »
At its 51st meeting last month, the Paris MoU Committee approved the 2017 inspection results and adopted new performance lists for flags and Recognized Organizations (ROs). These lists will take effect from 1 July 2018. The “White, Grey and Black (WGB)…
Greek Flag Remains on Paris MoU “White List” Read More »
Owner hopes to secure funding allowing for redemption of $440m notes due in 2019.
Teekay Offshore nears pricing on $500m bond deal Read More »