Japan’s LNG imports are projected to recover in 2020 and 2021 as nuclear plants are unlikely to meet the deadlines of the new anti-terrorism nuclear regulations. Japan’s LNG demand is expected to revive from mid-2020 and increase until 2022 as the oper…
Delay in compliance with nuclear security regulations to boost Japan’s LNG imports Read More »
On January 1, 2020, the International Maritime Organization (IMO) will introduce increased limitations on sulphur emissions by ships. Set forth by MARPOL (see sidebar, “The adoption of MARPOL”), these global limitations will require operators to consid…
McKinsey: 9 mtpa increase in use of LNG as LNG carrier bunker fuel on 1/1/2020 Read More »
“The first role of the flag is to be responsible for ships operating in a safe, secure and environmentally friendly manner,” states John Ramage, Chief Operating Officer of International Registries, Inc. and its affiliates (IRI), which provide administr…
Flag and class: Forging a new digital partnership Read More »
The annual review of the LNG shipping markets (“LNG Trade & Transport”) is now available from Clarksons Research. Steve Gordon, Managing Director of Clarksons Research, commented, “Global trade in LNG continues its strong growth phase, with an expe…
Tankers The market trend for Tankers has been positive since the beginning of 2019. The recent purchase of a resale VLCC by SK Shipping for USD 98 mil is a 5 year high price achieved. Older VLCCs has been circulating the market recently and since the b…
Shipping: Half Year Values Round Up Read More »