Capesize The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week’s end. The BCI 5TC reduced from $11,182 at the end of the previous week to a low of $9,898 on Tuesday, bu…
Dry Bulk Market: Rollercoaster Ride Continues Read More »
One way or another, ship owners are soon going to have to make big, and in some cases expensive, changes to meet compliance. New International Maritime Organization (IMO) regulations coming into force at the start of 2020 will slash the allowed concent…
To scrub or not to scrub Read More »
Emissions from shipping have come under fire once again thanks to the recent climate change protests in London and Sweden that have put further pressure on governments to take swift and decisive action on the environment. Although official figures indi…
Slow steaming, a solution to reduce CO2 emissions? Read More »
Qatar Petroleum has invited tenders for the construction of more than 100 LNG ships. These ships are required to meet the ship requirements associated with the expansion of the Qatargas LNG liquefaction project and the Golden Pass LNG project in the US…
LNG rides a new wave with Qatar’s prospective LNG ship orders Read More »
Speed reduction of up to -30% will lead to net cost savings for shipping industry and states in the majority of cases. The highest savings are to be achieved especially when fuel prices are high and shipowners’ earnings are low, including on long…