Ship owners have been more active in the newbuiding market after China’s return from its New Year festivities. In its latest weekly report, shipbroker Allied Shipbroking said that “interest remained strong for yet another week in the newbuilding market…
Newbuilding Orders Pick Up Pace Read More »
“The bunker market has one big problem and that’s a lack of transparency,” says Ove Munthe-Kaas. Munthe-Kaas is working with a team to develop a bunker procurement tool that is bringing shipowners together for more transparency in the bunker market. Bu…
150 shipowners join forces for more real-time transparency in the bunker market Read More »
The 75th session of International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC 75) has in November 2020 adopted amendments to MARPOL Annex VI, introducing a method for fuel oil sampling from ships’ fuel oil tanks to…
IMO Publishes Guidelines To Port State Control For On Board Fuel Oil Sampling Read More »
Bunker fuels are still tight in several East of Suez ports, and lead times for HSFO380 are longer in Singapore and Fujairah this week. Lead times for VLSFO stems are one day shorter than last week in Singapore, where nine days are now required for stem…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
Positioned to expand both its geographic reach and service capacity, the MSHS Group announced a partnership with MPE to accelerate a strategic long-range expansion plan. MSHS Group’s growth plans include broadening its reach in the marine and energy in…
MSHS Group Outlines Expansion Plans Read More »