Despite significant and unparalleled progress over the recent years in the ship recycling facilities of Alang, India, it has been announced this week that the few EUSRR applicants in Alang will NOT be approved or make it on to any EU list of approved y…
How Do You Turn An Asset Into A Liability? Read More »
The tanker market has gone through some major shifts in demand and fundamentals in the past few months, as a result of the pandemic and its effect on crude oil demand. However, as the contango plays which emanated from this, start to fade, a return to …
Tanker Demand Looking to Return to Normalcy Soon Read More »
Capesize The small flicker of hope at the beginning of this week has kindled a small fire under the Capesize market. At a paltry $3369 from the beginning of the week, the Capesize 5TC has lifted to $7307 with momentum continuing to build. Led by strong…
Capesize Market: A Glimmer of Hope? Read More »
The Standard Club’s loss prevention (LP) department is a multi-disciplinary team which was established in 1989 and has continually evolved in order to meet the needs of members in an ever changing maritime industry. The team includes master mariners, n…
Remote pilotage – perspective and risks to consider Read More »
Dry bulk ship owners have cut their investment in secondhand ships by 50% since the start of the year In its latest weekly report, shipbroker Intermodal said that “once again shipping is about to venture into uncharted waters and before the challenges …