The Paris MOU, Tokyo MOU, Indian Ocean MOU and Black Sea MOU port state control (PSC) regimeshave agreed to focus on the prevention of air pollution by ships during their forthcoming concentrated inspection campaigns (CICs). The CICs will be carried ou…
Port state control to focus on ship emissions Read More »
If you compare the container shipping industry with the commercial aviation industry, both are asset-heavy and exposed to global competition, and economic risks (fuel and operational disruptions). Both also sell goods with low marginal cost that requir…
The need to alleviate tonnage oversupply is still a major concern among ship owners. However, over the past few weeks, sales of older ships for scrap haven’t been exactly booming. In its latest weekly report, shipbroker Clarkson Platou Hellas com…
Scrapping of Older Ships Still Lagging Despite Urgent Need for More Decomissionings Read More »
Choosing the best option to comply with the sulphur cap will be a gamble. The economic success of a shipowner’s choice depends heavily on future fuel prices in 2020 and beyond. If the price difference between high sulphur residual fuels and 0.5%S disti…
EGCS: Do They Scrub Up Well? Read More »
Firm freight outlook coupled with attractive valuation make small LPG coasters an attractive buy at the moment. LPG shipping has been marred by an oversupply of vessels, with the Drewry LPG TCE index near its five year low. However, small LPG Coasters …
Now is a good time to buy LPG coasters Read More »