Middle distillates tank One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulations is the weakness we have seen in the middle distillate market. Expectations were that we would see a large…
The surprising move in marine fuel spreads Read More »
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majority of the heat created by greenhouse gas emissions, causing their temperature to rise. During this summ…
As ocean temperatures rise, shipowners look for ways to cope Read More »
The International Maritime Organisation’s (“IMO”) “carriage ban” rule makes it an offence, as of 1 March 2020, for ships to carry fuel oils that contain sulphur content higher than 0.5%, unless the vessel has a scrubber or the fuel is carried as cargo….
IMO 2020: Impending Carriage Ban – “Legitimate” de-bunker/disposal practices Read More »
The shipping markets have been reeling under the pressure of low demand, the product of the impact that the Coronavirus has had in the global supply chain. However, as shipbroker Intermodal and various analyst point out, when the outbreak is contained,…
Shipping Market Will Rebound: It’s Just a Matter of When not If Read More »
With the IMO 2020 global sulphur cap now in force, members should bear in mind another significant date in relation to the ‘carriage ban’ – coming into force on 1 March 2020. The ban mandates that fuel oil used and carried on board ships must not…