The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majority of the heat created by greenhouse gas emissions, causing their temperature to rise. During this summ…
As ocean temperatures rise, shipowners look for ways to cope Read More »
The International Maritime Organisation’s (“IMO”) “carriage ban” rule makes it an offence, as of 1 March 2020, for ships to carry fuel oils that contain sulphur content higher than 0.5%, unless the vessel has a scrubber or the fuel is carried as cargo….
IMO 2020: Impending Carriage Ban – “Legitimate” de-bunker/disposal practices Read More »
The shipping markets have been reeling under the pressure of low demand, the product of the impact that the Coronavirus has had in the global supply chain. However, as shipbroker Intermodal and various analyst point out, when the outbreak is contained,…
Shipping Market Will Rebound: It’s Just a Matter of When not If Read More »
It is everywhere. Chatter about the coronavirus has taken over the pages of every single news website, creating a homogeneity of panic. It’s also turned that friend of yours (invariably called Dave), who bangs on about conspiracy theories, into talking…
Ship Shape – FIS Commodity Read More »
On 30 January 2020, the World Health Organization (WHO) declared that the outbreak of the Novel Coronavirus (officially the “COVID-19”) was a Public Health Emergency of International Concern. The virus has been spreading rapidly both within China and g…
Coronavirus and its impact on your contract ꟷ can you rely on ‘Force Majeure’? Read More »