Product tankers could soon be used for floating storage units, as the market is starting to exhibit certain undeniable trends, supporting the case for using ships for storage of fuel oils. In its latest weekly report, shipbroker Gibson said that “much …
Product Tanker Could Soon Be Used for Storage Read More »
“Prepare crews for PSC spot sampling of ships’ fuel”. This may seem like pretty minor advice at a time when shipowners are in the midst of preparing their fleets and crews for compliance with the 2020 global sulphur cap. Onboard spot sampling of ships’…
Prepare crews for PSC spot sampling of ships’ fuel Read More »
The ship financing landscape is a completely different ballgame these days. In its latest weekly report, shipbroker Intermodal said that “over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize th…
Shipping: Is this a bankers’ market? Read More »
The international shipping sector needs to quickly adopt short-term policy measures to cut operational greenhouse gas (GHG) emissions of the existing fleet, according to a new study. The study concludes that only a subset of potential policy options, n…
EU study finds only speed or Operational Efficiency can achieve IMO’s 2030 target Read More »
In a recent judgment, in the context of a claim by Owners for a contribution in General Average (GA), the Court considered whether a defective passage plan, prepared prior to the commencement of the voyage, rendered the Vessel unseaworthy. On the facts…
Defective passage plan rendered vessel unseaworthy Read More »