Canada’s first propane export terminal – RIPET – has become operational, augmenting global LPG supplies. The entry of the country as a new LPG supplier and the strategic location of the terminal will favour exports to Asia and provide an opportunity fo…
Canada to create ripples in LPG market with first propane export terminal Read More »
VLCC spot freight rates edged down further in May. Rates were pressured by ample availability, as the tonnage list remained in excess due to limited scrapping and relatively steady new tanker deliveries. As a result, all routes experienced losses, but …
Tankers: VLCC Market on the Slide During May Read More »
The Clean Shipping Alliance (CSA) 2020 has welcomed the preliminary results of an independent study presented by CE Delft, a research organisation in the Netherlands specialising in environmental issues, indicating that accumulated concentrations of ex…
There is some good news for international ships, which are flying either a Republic of Korean flag (South Korea) or a Chinese five-star flag, sailing between China and South Korea. Taking into account the difficulties found in conducting a safe and eff…
China and South Korea agree on ballast water exchange rules Read More »
With the news emerging from the demand side of the shipping market, not particularly rosy for reasons attributed to the various trade war fronts around the world, ship owners might have to turn to the supply side of things, in order to improve the mark…
Ship Owners Need to Step Up Demolition Activity For a Sustainable Market Rebound Read More »