The rig was ordered for $425m in 2018 and Awilco Drilling in 2019 exercised an option for another similar semi-sub
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Awilco Drilling terminates semi-sub rig contract at Keppel Read More »
With coal being among the “key” commodities for dry bulk trade, alongside iron ore, it’s worth taking a look at the trade patterns which have emerged so far this year, especially since in a number of countries, coal is being phased out. In its latest w…
Australian Coal Exports Could Offer Dry Bulk Market Respite Read More »
On 1 January 2020, the lower sulphur limit imposed pursuant to IMO 2020 regulations came into effect. The new regulations have been written about extensively by Gard and others in the shipping and insurance industries. However, the terms upon which bun…
Bunker supply contracts – key considerations for the buyer Read More »
Taking advantage of the lower crude oil prices, Chinese crude oil imports soared to record high levels in May, reaching 48 million tonnes, up from 40.2 million tonnes in same month last year. The breakdown of the OPEC+ alliance on 6 March resulted in a…
Shipping number of the week: China’s crude oil imports jump 19% in May to all-time-high Read More »
Clandestine migration has been a problem for the transport sector across Europe for some time now. While more stringent border crossing checks have been imposed due to the current COVID-19 crisis, the risk to operators is not diminished. Furthermore…
TT Club Warns of Stowaway Risks Read More »