With increasing societal attention levelled at improving the world’s green credentials, it comes as no surprise that the topic of the environment came up over and over again during London International Shipping Week 2019 (LISW19), which this year saw o…
The green gathering Read More »
Decarbonisation, technological transformation, increasing regulation and the tough markets of recent years are all increasing the complexity of the current business environment and challenging the effectiveness of traditional business models. With all …
Global spare production capacity is not enough to compensate for the decline in Saudi Arabia’s oil production after the recent attacks on two of the country’s oil facilities and the consequent inventory drawdown will therefore underpin oil prices and a…
More tanker market turbulence should be expected in the coming weeks, as a result of the latest drone attacks, this time on Saudi Arabia’s oil facilities. In its latest weekly report, shipbroker Banchero Costa said that “on Saturday, September th…
Tanker Market in Limbo After Latest Attack on Oil Facilities Read More »
Even with the sulphur cap expected to give a boost to the tanker market, high fleet growth will put pressure on earnings. Demand drivers and freight rates Rising geo-political tensions have led to disruptions to the tanker shipping industry and all oth…