By now, it’s no secret that the tanker market is in dire straits for quite some time. However, according to Teekay, an unlikely “knight in shining armour” could come in the form of the IMO 2020 rule, regarding the use of low-sulphur fuels. In its…
Tanker Market Could Rebound on IMO 2020 Rule Read More »
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. These regulations are the biggest of a series of steps by the International Maritime Organisation (IMO) to reduce marine pollution (MARPOL) in respo…
How the new fuel regulations change the entire shipping industry Read More »
In a recent important decision of the Admiralty Court in London, NatWest Markets Plc v Stallion Eight Shipping Co. S.A., in which Watson Farley & Williams acted for the successful party, the Court upheld the longstanding practice of not ordering co…
No Cross-undertakings in Damages for Ship Arrests Read More »
The dry bulk market is still trying to find a new balance, amid China’s economical repositiona and shifting trade patterns. For instance, coal trade routes are changing on the back of stricter rules and the need for low sulphur coal. However, the…
Dry Bulk: Coal Trade Shifting on Sulphur Restrictions Read More »
Attempts to assess China’s macro-economic outlook have been complicated by the ongoing trade dispute with the USA. Greater negative risks are implied by trade tension. So far, consequences for China have been limited and the economy has performed solid…
China’s economy, a mesmerising focus for shipping Read More »