Capesize A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, West Australia/China staged a recovery, with a rumour $9.00 was done as well as $8.90, up from $8.40, fixed 2…
Dry Bulk Market: Week Ends on A High Note Read More »
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Maritime Organization (IMO) on Friday (26 October), during the current session of the Marine Environment Prot…
IMO: Implementation of sulphur 2020 limit – carriage ban adopted Read More »
With the IMO 2020 deadline looming, shipowners around the globe are faced with a difficult choice. The time for hoping the enforcement of emissions regulations will be delayed has passed, and owners are now forced to decide on how they will comply. Unt…
Scrubbers – the retrofit wave is coming Read More »
Choosing the most effective, sustainable and aconomically feasible strategy to comply with the new emission limits is not an easy task. The decision must be based in part on assumptions that may or may not prove to have merit. TANKER UPDATE summarizes …
The Fuel Challenge in Shipping Read More »
Total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey. Responses to our latest annual Future Operating Costs Survey revealed that drydocking is the cost category l…
Ship operating costs expected to rise in 2018 and 2019 Read More »