The turmoil in the shipping and fuel markets from the IMO rule is bound to settle down, sooner, rather than later. This will allow for the fundamentals to take over again and determine the future course of the freight rate market. In its latest weekly …
IMO 2020: Fundamentals to Rule Product Tanker Market Soon Read More »
During Nor-Shipping earlier this month, our Head of Offshore, Robert Day, joined industry professionals to speak at Marine Money’s Norway Ship and Offshore Finance Forum. His presentation ‘Making Sense of Consolidation, The Data Behind Decision Making’…
Making Sense of Consolidation: The Data Behind Decision Making Read More »
As with everything these days, the ability to quickly decipher and react to the flood of daily information received can make or break a company, even more so a shipping company. Shipbroker Intermodal said in its latest report, that a ship owner needs t…
Ship Owners Need to Develop Quick Thinking in Dealing Ships Read More »
Spot freight rates for a Very Large Crude Carrier (VLCC), carrying 2 million barrels of oil, between the Arabian Gulf and China reached USD 25,994 per day on 20 June, their highest level since March and significantly above the May average of USD 9,979 …
Little over a month after four tankers were damaged by explosions in the Middle East’s Gulf of Oman, another two tankers have been rocked by blasts in the same area. Last week, on 13 June, the methanol-carrying, Panama-listed Kokuka Courageous and the …
Testing times in the Gulf of Oman Read More »