Ownership change puts OOCL on China’s Belt and Road map
Foreign owners in majority in Shanghai last week as OOCL preaches the upside of being Chinese owned
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Schedule reliability plagues shippers and carriers
Clearer insight into shipper demand could benefit on-time deliveries, but major challenges remain
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Flurry of Second Hand Ships’ Deals Reported by Shipbrokers
It’s been a busy few days in the S&P market, as more ship owners made moves in the market. Things have been perking up on the newbuilding ordering front as well, but to a lesser degree. In its latest weekly report, shipbroker Banchero Costa said th…
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IMO 2020 Full Sail Ahead: Incoming Waves for Refiners, Shipowners
As of January 1, 2020, the International Maritime Organization (IMO) will begin enforcing a new regulation that caps the allowable sulfur content of all marine fuels from its current level of 3.5% m/m (mass/mass) to 0.5% m/m. While this new limit will …
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