The IMO has attempted to reduce airborne emissions from ships through Annex VI of the MARPOL Convention, which first came into force in 2005. This includes a global limit for the sulphur content of ship’s fuel oil, as well as more stringent controls wi…
‘FONAR’ systems in view of the 2020 sulphur regulations Read More »
Tanker owners have returned to shipyards for more orders in 2019, with VLCCs and MRs the most popular options. However, whether this trend continues or not for the rest of the year, will depend on a number of factors. In its latest weekly report, shipb…
Ship Owners Splurge on Tanker Newbuildings so far in 2019 Read More »
Capesize Despite the focus on Vale and reduced Brazil exports, there were signs of further demand this week that checked further falls. On the downside, higher bunker prices negated any real increase in owners’ returns. Other charterers took up some of…
Dry Bulk Market: Capesize Market On the Downfall For Yet Another Week Read More »
DNV GL’s Data Smart Classification, or “D-Class” development project aims to utilize and coordinate advanced technology to make DP system verification schedules much more flexible and efficient and, at the same time, less disruptive and burdensome for …
Classification in the digital age Read More »
The tanker market has reeled under the pressure of abundant tonnage supply during the month of January, according to the latest monthly report from OPEC. Following gains registered in the tanker market in the previous quarter, average dirty tanker spot…
Tanker Market Declines by 28% in January Read More »