Vessel deliveries typically slow down towards the end of the year. If shipowners wait a few weeks, allowing the delivery to slip into the new year, the vessel is considered a whole year younger. Many sectors can expect a higher proportion of the orderb…
44% of all 2018 schedule deliveries still at yards Read More »
The 73rd session of the IMO’s Marine Environment Protection Committee has dealt with a huge amount of work this week. Below is a brief summary of points of particular relevance to IBIA’s members. We aim to report in more detail later, and at our Annual…
MEPC 73: Summary of key outcomes Read More »
The right fuel As of 1 January 2020, all ships are required to burn fuel with a sulphur content of no more than 0.5% (Regulation 14.1.3, MARPOL Annex VI) unless fitted with an exhaust gas emissions cleaner (scrubber) capable of reducing sulphur emissio…
What does the “IMO 2020” regulation really say? A quick guide Read More »
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 »