Mangkhut downgraded to low pressure
Typhoon that hit Hong Kong Sunday weakens, heads farther inland.
Mangkhut downgraded to low pressure Read More »
Tanker Market: The Iranian Factor May Soon Come Into Play
Once again, the loss of Iranian oil for the international market is an eventuality, which is bound to alter fundamentals in the tanker market. In its latest weekly report, shipbroker Gibson commented that “as we move closer to the November 5th re-impos…
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Global marine premiums up by 2% but challenges remain for marine underwriting, says IUMI
Against the positive backdrop of a benign claims environment in some sectors, IUMI’s statistics show an increasing mismatch between premium income, covered risk and claims costs. On a global average basis, buffers to cover extraordinary single or…
Global marine premiums up by 2% but challenges remain for marine underwriting, says IUMI Read More »
ICS Launches Free Guidance on Preparing for 2020 Sulphur Cap
To assist shipping companies prepare for implementation of the UN IMO global sulphur cap for ships’ fuel oil, the International Chamber of Shipping (ICS) has produced – free of charge – some comprehensive guidance on implementation planning, to help en…
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Shipping bank loans decline by $10bn in 2017
Leasing firms linked to international Far Eastern banks take increasing share in global ship finance.
Shipping bank loans decline by $10bn in 2017 Read More »