Over the past two decades, the MARPOL Convention and its Annexes have undergone amendments to impose stricter restrictions and prohibitions on waste discharges from ships at sea. These changes have necessitated greater adherence to environmental standa…
MARPOL – EU Legislation and Directive Related to Waste Threshold Limits Read More »
The ‘clipboard, pen and paper’ approach to creating Statement of Facts (SoF) documents is costing the shipping industry millions of dollars a year and leading to errors and inefficiency, maritime solutions company Voyager warns. Every year, an estimate…
Manually Processing Demurrage Is Costing Charterers Millions Of Dollars Read More »
The long term demand for crude oil in the state of California, could be a sign of things to come for the tanker market, as the world, gradually, moves towards cleaner energy sources. In its latest weekly report, shipbroker Gibson said that “the state o…
Tanker Demand in California Could Be a Sign of the Future Read More »
Capesize In the Pacific, the week began with promising involvements from all three majors, yet this enthusiasm did not translate into substantial market gains, yielding a relatively stagnant atmosphere. As the week unfolded, Pacific trading maintained …
Dry Bulk Market: Mixed Performance for the Capesize and Panamax Markets Read More »
90% of world trade – from bulk raw commodities to breakbulk and finished goods – is moved on approximately 60,000 trading ships, crewed by about 1.5 million seafarers. To most traders, the potential risks associated with any one of these vessels is an …
From starboard surprises to portside perils: Inherent risks in the shipping industry Read More »