The upcoming IMO 2020 rule on the use of lower sulphur fuel oil could send more older tonnage for scrapping, as evidenced by last week’s surge in enquiries after months of lackluster performance. Still, market reports are contradicting each other…
Older Tonnage Could Be Headed for Scrapping, Ahead of the IMO 2020 Rule Read More »
The recently concluded deal between China’s Wanhua Chemicals and Qatar Petroleum for LPG supply indicates the continued push by China to diversify away from US LPG in light of the US-China trade tensions. China’s LPG demand is projected to increase at …
China continues to diversify away from US LPG Read More »
An FFA is a financial forward agreement that allows ship owners, charterers and others to hedge against the volatility of freight rates and gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are a risk manage…
FFAs: Finding patterns in the numbers Read More »
The implementation on 1 January 2020 of the global sulphur cap on marine fuels is expected to give rise to potential opportunities and risks in relation to issues such as the availability of marine fuels, the quality of marine fuels, increased cost and…
IMO2020 and Bunkers: JVs turning challenges into opportunities Read More »
The less than optimum freight market conditions have started to hurt sentiment in the S&P market, not to mention the newbuilding market. In its latest weekly report, shipbroker Allied Shipbroking said that “the subdued activity resumed in the dry b…
Freight Markets’ Lacklustre Performance Hurting Ships’ Sales Read More »