The ever ending tensions and crisis escalation in the Middle East, has the potential to create a new market structure for tankers, depending on the outcome. In its latest weekly report, shipbroker Intermodal said that “tensions between Israel and Iran …
Tanker Market and the Middle East: Upside Risk Could Come into Play Read More »
To the uninitiated, the concept of carbon capture and storage (CCS) can be hard to understand, complex, and remote even though it has been used effectively in the US energy business since the 1970s and in Norway since 1996 at the Sleipner field. Accord…
Accelerated uptake of carbon capture unlocks shipping opportunity Read More »
From time to time Members and clients contact Gard and ask for advice when a ship has been fined for burning non-compliant fuel in a port or waters where special sulphur emission regulations apply. In some cases, ships may have unknowingly burned fuel …
Regional sulphur emission limits at a glance Read More »
Higher fuel costs will translate to a rise in freight rates for Mediterranean-bound cargoes, as a result of the fact that the Mediterranean Sea will become an emissions control area (ECA) from the 1st of May onwards. In its latest weekly report, shipbr…
Mediterranean: Emission Control Area Implementation, Will Lead to Higher Rates Read More »
Drewry expects 66 LNG carriers (LNGCs) to join the fleet this year, while 94 LNGCs are scheduled to be delivered in 2025, inflating the fleet amid easing vessel demand due to limited new capacity addition. LNG shipping is poised for a balanced market, …
LNG shipping battles fleet expansion, but rates to revive from 2026-27 Read More »