On Thursday 30 January, the China Council for the Promotion of International Trade released a statement confirming that China was offering force majeure certificates to local companies unable to fulfil their international contractual obligations due to…
Coronavirus and Force Majeure Read More »
As the adoption of LNG as a ship fuel continues to speed up, DNV GL has launched a new online bunkering platform to take operators seamlessly from order through to delivery. FuelBoss offers ship owners, operators and suppliers a single common platform …
DNV GL FuelBoss platform creates new online hub for LNG bunkering Read More »
Many shippers and forwarders have contacted me following my comment in early January about the confusion created by inconsistent, post-IMO carrier fuel charges. This is clearly an area of concern and an increasing problem for shippers, whether contract…
IMO bunker charge confusion spreads – but what next? Read More »
The tanker market had a positive 2019 and 2020 was shaping up to be equally good, but the latest developments with the Coronavirus and its impact on world trade could derail this estimate. In its latest weekly report, shipbroker Gibson said that “takin…
Tanker Market: Optimism Ahead for 2020, but Coronavirus a Major Disruption Read More »
The tanker market is having to deal with a lot of variables at the moment. One of them is the Libyan market and the latest developments in this market. In its latest report, shipbroker Intermodal said that “last week Libya’s oil production operations w…
Tanker Market: The Libyan Effect Read More »