At the time when the product tanker market is gearing for a rise in freight rates after the implementation of the IMO 2020 regulation, the recently published IEA’s World Energy Outlook 2019 portrays a grim picture for product tankers after 2025. In “Sl…
A gloomy long-term outlook for product tanker market Read More »
In the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US putting in place quotas which was supposed to lower imports from the country. B…
BIMCO: 0.0%, no change in US imports of steel goods from Brazil despite quota Read More »
It’s the time of year where commentators start churning out forecasts on what freight markets can expect for the coming year. Their prognoses are usually wildly diverse, but like the last chocolates in the box, you can’t resist the guilty pleasure of d…
No let up for commodity concerns Read More »
The market is expecting that some 3,000 vessels in service will have scrubbers installed by the time the IMO 2020 regulation comes into effect from 1 January 2020. The alternative course will be to operate vessels without scrubbers and consume low-sulp…
Weighing the accounting implications of IMO 2020 Read More »
Venture capital interest in maritime technology has grown significantly in recent years. As barriers to adoption fall, there is still scope for even higher levels of investment. Historically, the maritime sector was an enthusiastic adopter, indeed pion…
Venture capital investment in maritime technology Read More »