In recent months, there have been numerous reports of a strong pick-up in demand for scrubbers. On 1 January 2020, however, the number of ships fitted with scrubbers will represent only a tiny percentage of the world fleet, according to forecasts. Ther…
Small percentage of the world fleet will fit scrubbers – forecasts Read More »
On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset the worst economic downturn for a century. To a shipping industry used to extreme cycles but transitioning to recession with rapid trade collapse an…
10 Years On From Lehman, How Is Shipping’s “Hangover”? Read More »
A remarkable maritime event occurred recently. China became the world’s second-largest shipowning country, overtaking Japan. The top shipowner, Greece, is still much larger but the gap is closing as China’s fleet expansion continues at a rapid rate. Nu…
China-owned fleet becomes world’s second largest Read More »
Once again, the already long list of tariffed goods has been made even longer. Many more commodities were hit on 23 August, but September is likely to dwarf it all, as the US has proposed slamming tariffs on goods worth USD 200 billion. The tariffed go…
Shipping Is Increasingly Caught In The Trade War Line Of Crossfire Read More »
The world of bunkers is heading for rapid and fundamental changes and not just because of the 0.50% sulphur cap in 2020. While IMO and stakeholders are working hard to deal with this unprecedented global fuel specification change, discussions have move…
Marine Bunkers: The end of the world as we know it Read More »