The prospects for a swift and sustainable recovery in the dry bulk market, seem to be diminishing, at least for the time being. In its latest weekly report, shipbroker Allied Shipbroking said that “in the midst of troubled conditions for the dry bulk m…
Dry Bulk Market: Future Prospects Don’t Seem to Point Upwards Read More »
With less than a year to go before the cap on sulphur comes into force, VLGC shipowners are increasingly considering scrubbers as an attractive option to meet IMO’s low-sulphur regulation. In this piece, we discuss the economics behind scrubber install…
Why scrubber installation makes sense for VLGC owners? Read More »
A full review of the 2015 Guidelines on Exhaust Gas Cleaning Systems (EGCS) needs more time, meaning only elements relating to malfunction of the EGCS system or a monitoring instrument have been sent for approval by the IMO’s Marine Environment Protect…
Work remaining on updating IMO guidelines for scrubbers Read More »
A section of the the lower Mississippi River has been closed to vessel traffic after a towing vessel sank near Baton Rouge, La., Thursday, the U.S. Coast Guard said.The Coast Guard said its watchstanders in New Orleans received a report at 11 a.m.
Towing Vessel Sinks Near Baton Rouge Read More »
Ship builders in Asia are sending a record number of supertankers west carrying middle distillate oil products, such as diesel, data intelligence firm Vortexa said on Thursday, adding more volumes might follow.Very large crude carriers (VLCC) often car…
Newbuild VLCC’s Lift Gasoil, Head Westward Read More »