Dirty tanker spot freight rates mostly showed negative developments in July. The general sentiment in the tanker market remained weak, as per the usual trend during the summer months. On average, dirty tanker freight rates were down by 1% in July from …
OPEC: Tanker Market Read More »
Capesize A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad weather in China, possibly causing disruption to schedules rates on the major West Australia/China routes, rat…
The comprehensive overhaul of DNV GL’s class rules includes a completely rewritten regasification section. Since the first FSRUs were introduced a decade ago, the classification society has accumulated plenty of technical and market knowledge that now …
REGAS class rules keep pace with a changing industry Read More »
BIMCO, the Clean Shipping Coalition, Cruise Lines International Association, Friends of the Earth US, International Chamber of Shipping, International Parcel Tankers’ Association, INTERTANKO, Pacific Environment, World Shipping Council, and WWF Global …
IMO Fuel Regulations 2020: from headache to migraine for ship owners Read More »
Common Structural Rules Software LLC, a joint venture company formed by ABS and Lloyd’s Register (LR), released a software upgrade that simplifies compliance with current and pending IACS Common Structural Rules (CSR). “As requirements change, it is im…