Tankers The market trend for Tankers has been positive since the beginning of 2019. The recent purchase of a resale VLCC by SK Shipping for USD 98 mil is a 5 year high price achieved. Older VLCCs has been circulating the market recently and since the b…
Shipping: Half Year Values Round Up Read More »
Smart devices have the potential to radically transform the utility and value of shipping container equipment assets, according to Drewry’s latest Container Census & Leasing Annual Review & Forecast 2019/20 report. Smart containers have increas…
Smart devices to transform the utility and value of shipping container assets Read More »
The IMO2020 rule for the use of low-sulphur fuels from the beginning of 2020 is expected to offer a boost in the product tanker market, triggering demand for more cargoes. However, a lot is still dependant on if “the price is right”. In its latest week…
Compliant Bunker Fuels Long-Haul Charters A Major Risk Read More »
Around the world, the environmental agenda is increasing. International focus has been levelled on Greta Thunberg, the 16-year-old credited with starting the school strike for climate movement. Extinction Rebellion, which aims to use civil disobedience…
Banking on climate considerations Read More »
In light of the recent attacks on tankers in Fujairah and the Gulf of Oman, and rising tensions in the area generally, the club has issued the following guidance which discusses club cover, risk mitigation and legal implications on contractual issues t…
Tanker attacks in Fujairah and Gulf of Oman Read More »