The shipping industry faces a world of uncertainty as IMO 2020’s forthcoming rule changes the makeup of marine fuels to a lower 0.5% sulphur requirement. Ship owners will lean heavily on the supplies of complex Gulf Coast refiners that can turn t…
IMO 2020’s knock-on effects for Gulf Coast waterborne crude flows Read More »
Ship owners should be prepared for a lengthy and high cost process of constant revamping of the existing fleet of ships, as more and more bans and regulations are being put into force, with a view to limiting the industry’s environmental impact. …
High Cost Fleet Upgrades to Dominate Shipping Industry in the Years to Come Read More »
The deadline for implementing the IMO’s 2020 low-sulphur bunker fuel regulations is just three quarters away, and the shipping industry is still uncertain over the use of scrubbers. Although most shipowners are expecting tight availability of compliant…
Scrubber installation to ease supply pressure in crude tanker market Read More »
Analysis by Jonathan Leitch and Gordon McManus, research directors for the EMEARC refining and oil products team. New Year’s Day 2020 is firmly marked in the calendar as the refining and shipping industries prepare for change. The International Maritim…
IMO 2020: Ready or not? Read More »
It took several weeks, but finally, tonnage supply could start falling again, on the back of increased sales of ships for recycling. In its latest weekly report, shipbroker Intermodal noted that “the demolition market has remained particularly busy for…
Demolition Activity Picks Up After Weeks of Stagnation Read More »