The enthusiasm for newbuild orders across most shipping markets has started to wane after over 10 billion dollars were committed in the first quarter of 2018. The total committed to new deliveries is now the lowest since the start of 2016. Ordering tre…
10 Billion USD Spent on Newbuilds in H1 2018 Read More »
The Methanol Institute has welcomed the decision of the International Maritime Organization (IMO) to invite the International Organization for Standardization (ISO) to develop a standard for methyl/ethyl alcohol as a marine fuel and a standard for meth…
ISO specification is another step forward for Methanol as marine fuel Read More »
Many Europeans see the policies of US President Donald Trump as isolationist and anti-trade. Nevertheless, something they do not consider is that European tariffs are on average much higher than those in the US. Experts are anticipating a considerable …
“America first”: What does it mean for global trade? Read More »
Capesize A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, though, mostly unsuccessfully. Fronthaul rates climbed to the equivalent of over $40,000 daily, with a cargo alleg…
Dry Bulk Market: Capesizes Enjoy Week of Significant Gains Read More »
Ship implementation planning for the 2020 sulphur cap is on the agenda at a week-long meeting set to take place at the International Maritime Organization in July. The intersessional working group (ISWG) will work on guidelines to ensure consistent imp…
IBIA offers practical advice on tank cleaning to IMO 2020 planning meeting Read More »