The product tanker market is primed for a strong finish to the end of the year, as predicted. In its latest weekly report, shipbroker Gibson said that “with most crude tanker markets surging to multi-year highs, many have questioned whether the clean s…
Product Tankers In Line for Major Profits Read More »
Capesize The market floundered this week as it attempted to find a floor after the previous weeks plunge. Demand remained weak across most routes. The Atlantic incurred some heavy losses on a few days throughout the week before the tide appeared to tur…
Dry Bulk Market: Capesize Market Lacking Direction For Yet Another Week Read More »
A review of the 2015 Guidelines on Exhaust Gas Cleaning Systems (EGCS) is underway at the International Maritime Organization. The guidelines include, among other things, washwater discharge standards, but with all the controversy surrounding washwater…
Scrubber malfunctions addressed in IMO guidelines ahead of 2020 Read More »
Ship owners active in the edible oil trade could get a respite in the coming months. In its latest weekly report, shipbroker Intermodal said that “edible oil products across the board are showing healthy amount of export activity, however, rates in mos…
Ship Owners Could See Boost in Freight Rates of Edible-Oil Product Trade Read More »
Environmental regulation is closing in on shipping A few months from now, the new regulations by the International Maritime Organization (IMO) will take effect. Current sulphur exhaust is capped by the IMO at 3.5% of total exhaust by ships in most of t…