Danaos is ‘free to grow’
Greek boxship owner squares away its debt while second-quarter earnings inch up from a year ago.
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September 2018
Tonnage Oversupply Still Blocking VLCCs’ Rebound, While Product Tankers Still Not Seeing the Expected Positive Effect From LSFO Capacity Expansions
Despite the fact that ship owners appeared to be pushing for higher VLCC rates over the course of the past week, a rebound in freight rates wasn’t able to be materialized, as a result of abundant tonnage availability. In its latest weekly report,…
Confidence slips marginally on geopolitical factors
Shipping confidence dipped very slightly in the three months to end-August 2018, according to our latest Confidence Survey. The average confidence level expressed by respondents was down to 6.3 out of a maximum possible score of 10.0, this compared to …
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CMA CGM estimates low-sulphur rule will cost $160 per container
The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from 1 January 2020 and will require all shipping companies to reduce their Sulphur emissions by 85%. This new regulation aims to reduce the environmental impact…
CMA CGM estimates low-sulphur rule will cost $160 per container Read More »
CompactClean BWMS Receives IMO Type Approval
DESMI Ocean Guard A/S has announced that the CompactClean Ballast Water Management System (BWMS) has received International Maritime Organization (IMO) Type Approval according to the revised IMO BWMS code.This approval means that the CompactClean…
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