Capesize Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all areas. There were operators still shipping from Brazil, with the rate from Tubarao to China hovering around the mid …
Dry Bulk Market: Capesizes Still Under Pressure, While Smaller Classes Improve Read More »
International shipping accounts for around 3% of global CO2 emissions. The amount of cargo carried by sea has grown and is expected to reach 12 billion tonnes by 2020. Growth in global trade also means growth in fuel consumption and, therefore, higher …
Slow steaming to arrive at the right time Read More »
The market will likely witness a decline in economic growth, particularly in the advanced economies, leading up to 2022: that was one of the takeaways from a BIMCO webinar last week featuring the association’s chief shipping analyst, Peter Sand. The pr…
Auramarine, the leading provider of fuel supply systems for the marine and power industries, has today urged the marine sector to look beyond just the initial choice of compliance solution ahead of the impending 0.5% global sulphur cap, and to fully un…
The 0.50 percent limit for sulphur content in ships’ fuel oil will take effect on 1 January 2020 and will have a significant beneficial impact on human health and the environment. The Sub-Committee on Pollution Prevention and Response (PPR 6) agreed dr…
IMO: Consistent implementation of 2020 sulphur limit – draft guidelines finalized Read More »