Earlier this month, the US re-imposed sanctions on Iran, banning global exports threatening heavy penalties on any country that continues to trade with the middle-eastern nation. According to US secretary of state- Mike Pompeo during an address on the …
Impact of US sanctions on the tanker market Read More »
October was a difficult month for the financial markets, with most equity markets falling in value, leaving the world equity index down -7.42% for the month. In fact, the only major market that was up in October was Brazil, where markets greeted the la…
Reflections on a Red October Read More »
As ship owners kept looking for signs of sustainable rebound in freight rates, good news were absent this week from the supply side, as demolition activity was lacklustre. In its latest weekly report, Clarkson Platou Hellas said that “it has been a fai…
Festivities Disrupt Demolition Market Read More »
Member states’ ambassadors yesterday gave the presidency a mandate to negotiate with the European Parliament an amendment to rules on the assessment of ship inspection organisations, with the aim of ensuring legal certainty and securing business …
Ship inspections: preparing for Brexit Read More »
With the end of 2018 arrive new important deadlines for the shipping activity. During this present year ship owners had the obligation of monitoring data from vessel’s activity, being the most important the monitoring fuel consumed and the tonnes of CO…
The 2019 MRV Requests Read More »