In just a few months, on January 1, 2020, a new, sweeping global regulation is scheduled to go into effect that caps the amount of allowable sulfur content in all marine fuels used by ocean-going vessels from its current level of 3.5% m/m (mass/mass) t…
Opportune’s Matt Flanagan Addresses IMO 2020 Challenges, Opportunities Read More »
Once considered a niche market for “bold” ship owners to invest into, nowadays, LPG shipping is almost mainstream and yielding quite good results. In a recent monthly analysis, shipbroker Banchero Costa said that “spot charter rates for VLGC gas carrie…
Once a Niche Segment, LPG Carrier Market is Now A Boon for Ship Owners Read More »
The World Economic Forum, the Global Maritime Forum and Friends of Ocean Action today launch the Getting to Zero Coalition at the United Nations Climate Action Summit, with the goal of decarbonizing the international maritime shipping sector by 2030. T…
New Coalition Aims to Make Zero-Emissions Shipping Plain Sailing Read More »
With big changes coming in the refinery landscape in the future, ship owners active in the clean tanker market, stand to benefit from longer ton-mile demand. In its latest weekly report, shipbroker Gibson said that “over the next 5 years, the global re…
Long-Term Outlook Positive for Product Tankers Read More »
Recently Clarksons Research published the executive summary from their forthcoming semi-annual report ‘Shipping Review & Outlook’, which will be soon be available on the Shipping Intelligence Network. Introducing the summary, Steve Gordon, Managing…