From 31 December 2020 non-EU vessels calling at EU ports must carry an authorized Inventory of Hazardous Materials (IHM) and Statement of Compliance (SoC). The European Union (EU) Ship Recycling Regulation (EUSRR) is aimed at ensuring that ships, when …
Marshall Islands Registry Launches IHM Verification Service Read More »
The financial situation in India isn’t the rosiest of late, spelling trouble for the future demand of oil and thus the tanker market as well. In its latest weekly report, shipbroker Gibson said that “India, which is home to over 1.3 billion people was …
India’s Financial Trouble Could Spell Problems for the Tanker Market as Well Read More »
Shipping is a crucial component of trade finance and anything that impacts the regulatory or financial standing of a vessel, a vessels ownership structure or how a vessel operates requires attention and assessment by trade operators at banks and other …
IMO2020: The Potential Impact and Effect on Trade Finance Read More »
The tanker market has been on a high during November as well. In its latest monthly report, OPEC said that dirty tanker spot freight rates in November remained at robust levels relative to the lacklustre performance seen for most of this year, but were…
Tanker Market: Robust Levels All Around During November Read More »
Friday at COP 25, the UN Climate Change Conference, in Madrid, the International Chamber of Shipping (ICS), the European Community Shipowners’ Associations (ECSA), and the Spanish Shipowners’ Association (ANAVE) organised an event dedicated to the deca…
Shipping at COP25: Full speed ahead towards full decarbonisation Read More »