Drewry maintains a positive outlook on the dry bulk market and expects charter rates to improve from current levels, driven by moderate increases in vessel demand and low growth in vessel supply as a result of restrained new ordering and a thin orderbo…
Capesize charter rates expected to keep increasing despite trade war uncertainties Read More »
It is rare that a fuel specification change could disrupt the oil value chain, but the International Maritime Organisation’s (IMO) planned change to bunker fuel regulation may do just that. The IMO, the United Nations’ body responsible for the safety a…
IMO 2020: mayhem or opportunity for the refining and marine sectors? Read More »
The rapidly approaching 2020 fuel sulphur cap and newly announced IMO greenhouse gas (GHG) reduction strategy have put the spotlight onto alternative fuels for shipping. DNV GL’s new AFI platform offers a comprehensive and continually updated overview …
Confidence in the ability of sound risk management to contribute to commercial success in the shipping industry has fallen in the last 12 months, according to our annual Shipping Risk Survey. Respondents to the survey rated the extent to which enterpri…
Weak spots identified in shipping risk management Read More »
Freight rates have recovered a lot in 2018, but it is not strong across the board. After a steady decline since April, earnings for handysize ships slipped back into lossmaking territory on the very last day of July – and rates have kept sliding in Aug…