Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, Fitch Ratings says. Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021. However, we consider…
Global Container Shipping Rates Are High, but Unsustainable Read More »
Bunker availability continues to be tight for residual fuels in Singapore, while fuels are available at shorter notice in Zhoushan and Fujairah this week. Singapore’s fuel oil stocks fell by 8% in the week to 17 February, when they measured 19.38 milli…
ENGINE: East of Suez Fuel Bunker Fuel Availability Outlook Read More »
It all started with the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal (hereafter The Basel Convention), which was adopted in March 1989 and entered into force in May 1992. To date, it has been ratifie…
The Ship Recycling Regulations: Where we stand today and Which standard to follow? Read More »
The Big Data produced by ships can improve safety, efficiency and competitiveness but decision-makers must first be equipped to interpret and act on the results, writes Mike Konstantinidis, CEO of METIS Cybertechnology. Shipping has struggled to get to…
Virtual Personal Assistance at Sea Read More »
LPG shipping rates have seen what can only be called a dramatic start to the year. The steep gains, followed by the freefall have dwarfed the volatility seen in 2020. As we move deeper into 1Q21, and China comes back into the picture after a long holid…
LPG shipping rates: the rise… and the fall Read More »