MR values have hit the highest levels since Oct 2008. The current value for a five year old MR is up by c.45% from the start of the year, from USD 30.32 mil to USD 44.01 mil. Sales for this sector have increased by c.15% from last year and so far in 20…
MR values hit 14 year high Read More »
European shipowners welcome the outcome of yesterday’s trilogue negotiation and the provisional agreement on the EU ETS maritime. The Parliament and the Council have embraced the calls of the industry stakeholders to earmark EU ETS revenues back to the…
As the latest EU sanctions on Russian oil are coming into force in early December, we take a look at how the nearing sanctions are impacting values and trade within the Tanker and LNG markets. From the 5th of December, sanctions and price cap mechanism…
Russian Oil Sanctions are Approaching: What Does it Mean for Tankers and LNGs? Read More »
IMO’s Carbon Intensity Indicator (CII) rating system for vessels is coming into force next year. It will be used to assess the efficiency with which a ship operates in terms of its CO2 emissions. The CII regulation is likely to alter the traditional di…
The challenges of CII compliance – Cooperation is key Read More »
InterManager has welcomed a commitment by the International Maritime Organization (IMO) to review guidance governing safe working in enclosed spaces onboard ships. Heralding the move as a significant step forward in crew safety, the association says it…
InterManager welcomes IMO commitment to address enclosed space risks Read More »