Sentosa Development Corporation (SDC) has announced that Siloso, Palawan and Tanjong Beach will reopen for swimming and all sea activities in August, with Siloso Beach being the first to reopen, with immediate effect after an extensive oil spill…
Singapore Oil Spill Clean-Up Ahead of Schedule Read More »
After four and a half years since the implementation of the IMO rules on low sulphur fuels, it’s more than evident that larger tanker sizes have chosen the retrofitting of scrubbers, to become compliant. In its latest weekly report, shipbroker Gibson s…
Larger Tankers Opt for Scrubbers Read More »
Capesize The week commenced with a tepid start as the BCI 5TC index slipped, reflecting limited activity in both regions. As the days progressed, the Pacific saw a reasonably robust list of available cargoes, although activity was still somewhat stagna…
Dry Bulk Market: Capesize Market Ends Week on a Positive Note, Despite Overall Losses Read More »
Ocean freight container shipping spot rates have increased dramatically in recent months, but the long term market has been insulated from this volatility in comparison – perhaps until now. The Global XSI®, which covers all valid long term contracts in…
Initial data appears to point to Dubai-controlled ‘shadow ship’
‘Under cover’ LNG carrier becomes first caller at Russia’s sanctioned Arctic LNG 2 Read More »