The impact of the US’ President Donald Trump to repeal sanctions relief for Iran, effectively terminating the agreement in place over the Middle Eastern country’s nuclear program was the main event in the tanker market last week, bringing a flurry of s…
Tanker Owners Shouldn’t Panic Over Iran Affair Claims Shipbroker Read More »
USA-based ballast water treatment system (BWTS) manufacturer, Ecochlor, Inc. announced the completion of a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL). Inst…
Angelicoussis Shipping Group Selects the Ecochlor BWTS for Retrofit in 36 Vessels Read More »
Dutch shipowner Seatrade was recently found in breach of the EU Waste Shipment Regulation1 (the “Waste Regulation”) after selling four reefer ships for scrapping in India, Bangladesh and Turkey in 2012. This case raises interesting questions about the …
Shipping Waste And Waste Ships Read More »
Tanker owners had little to talk about during the course of the past week, amid holidays left and right, but it was the geopolitical side of the market, which caused the most stir, as a result of the reprise of Iran sanctions from the US. In its latest…
Tanker Market Lacking Direction Read More »
Capesize A positive mood for the coming days, with rates firming again as the week closed out. In Asia, the key C5 route, West Australia/China, peaked at $8.55, but then lost ground as a holiday in Europe unsettled the market and this combined with a t…
Capesize Market Firming Again Read More »