A survey of EGCSA members has revealed that scrubber uptake is rapidly accelerating with the number of ships with exhaust gas cleaning systems installed or on order standing at 983 as of 31 May 2018. This follows a slew of recent reports that major shi…
Scrubber orders full ahead Read More »
Those of you who have been trading the FFA market since its beginning will remember that grain routes were critical to the development of early liquidity and volumes. In the mid-1990s, the grain majors need a hedge for US Gulf-Japan HSS 52,000t – at th…
New grain routes: back to the future for FFAs Read More »
Capesize Charterers slowed the pace this week to try and check rates, and, to an extent, succeeded. In Asia levels on the key West Australia/China route at the start of the week hovered close to $9.00 and an eco-180,000dwt 2010-built vessel, open Dalia…
Dry Bulk Market: Capesize Index Slows Down Read More »
New rules have recently been introduced in the UK to combat complex or artificial tax avoidance arrangements. These rules apply to ‘enablers’ of defeated ‘tax avoidance’ arrangements. Where the rules apply, penalties will be imposed on the enabler and …
Enablers of tax avoidance rules: the impact on shipping Read More »
Reports suggest that possibly up to 100 vessels may have been affected by contaminated marine fuel oil stemmed at ports in the Houston and US Gulf region, giving rise to significant concerns in the industry, as well as a range of both practical and leg…
Questions on US clean up operation Read More »