The recent escalation in the unrest between Iran and the US has raised fears of a wider war in the Middle East. Already heightened geopolitical tensions in the region have resulted in a surge in oil prices, with Brent surpassing the $69 per barrel mark…
Risk premium for tankers to soar amid rising tensions in the Middle East Read More »
Drewry Supply Chain Advisors, the ocean freight cost benchmarking and procurement support division of Drewry, is pleased to announce the launch of a new range of fuel advisory and management services designed exclusively for shippers and forwarders. Th…
Drewry launches new fuel advisory services for shippers and forwarders Read More »
2019 could be characterized as an underwhelming year in terms of demolition activity, at least in terms of the comparison between the initial expectations and the end result. However, 2020 could be the year of… redemption. In its first report of …
Shipbreaking Expected to Roar Ahead in 2020, as More Ships Could Head for Demolition Read More »
In collaboration with the Norwegian, Danish and US maritime authorities, battery manufacturers, system integrators, suppliers of fire extinguishing systems, shipyards and shipowners, DNV GL has released a new report on battery safety in ships. The repo…
For those who have been tracking the COSCO (China Ocean Shipping Co.) Iran-related shipping sanctions, on December 19th, the US extended General License K-1 until February 4, 2020. Until then, US companies who were previously (before September 24, 2019…
Developments in Maritime Sanctions Actions Signal US Enforcement Policies Read More »