Iranian President has also pledged that the United States would not be able to prevent Iran from exporting its crude
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Newbuilding contracting was once again far from brisk over the course of the past week, following the trend set recently. In its latest weekly report, shipbroker Allied Shipbroking said that “limited newbuilding activity this past week for the dr…
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The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings says. Higher fuel costs and sulphur regulation will also put pressure on shippers. Partly offsetting an unfa…
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Singapore has joined the list of ports that will ban the use of open loop scrubbers in their waters. Exhaust gas cleaning systems (EGCS) – more commonly referred to as scrubbers – are an accepted equivalent measure in complying with the IMO 2020 global…
No Scrubs: More Ports Declare Ban on EGCS Discharges Read More »