The tanker market has been on quite some ride during the past few weeks, which offers reason for some additional insight. In its latest weekly report, shipbroker Allied Shipbroking said that “the tanker market has been experiencing an impressive freigh…
Tanker Market: After the Rally, What? Read More »
In the context of materialising the United Nations International Maritime Organization’s (UN IMO) Initial Strategy for the decarbonisation of the shipping industry, Greece, as the leading traditional maritime country, has come forward with a concrete p…
IMO 2020 is fast approaching and it is estimated that nearly 3,000 vessels will have scrubbers installed by 2020. For the majority of owners and their crew members, scrubber systems are new technology and, as with any new system, teething problems can …
Learning as we go: challenges with the use of exhaust gas scrubbers Read More »
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before. Newbuilding orders have remained low through the year with contract…
Tanker Deliveries Are Soaring As Demolitions Hit Decade-Lows Read More »
While interest in the second hand ship market is still quite vivid, there’s a clear difference in preference, when compared to newbuildings. Ship owners seem to favor bulkers for their S&P purchases, while when it comes to newbuilding orderin…
Ship Owners Looking for Dry Bulkers, Ordering Tankers Read More »