Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answer is “yes”. Despite this, it is still too early, however, to declare a sudden U-turn, as we have only se…
September crude oil tanker demolishing hits 39-months high at 1.9m DWT Read More »
2021 has been a very important year for the Shipping industry with the issue of carbon emissions, radical changes in the supply chain logistics, and with countries and corporations coming together to address larger issues at hand. What is fascinating t…
[Tank]ing contracts: Doctrine of ‘Good faith’ versus ‘WOG’ and other exclusionary terms Read More »
At the beginning of this year, the IMO’s global sulfur cap on marine fuels entered into force and shipowners who chose the SOx -scrubber pathway to compliance began the modern era of emissions reduction. Scrubbers have been operating in marine environm…
Lessons learned from scrubber installation and operation Read More »
“ Shipowners need strategies and practical solutions to stay compliant and commercially competitive, while meeting regulatory and stakeholder requirements for decarbonizing vessel and fleet operations,” says Linda Sigrid Hammer, Principal Consultant, E…
Evaluating future fuel strategies and their design implications for newbuilds Read More »
The sale and purchase of ships has recorded an accelerated pace in the volume of transactions for dry bulk vessels compared to 2019 and 2020. The increased volume of ships that changed hands reflects the upward trend of freight rates in the Capesize se…
Ship Valuation Review: Industry analysis, ship prices and rates Read More »