As if tanker owners needed another “headache”, after a torrid couple of years, shipbrokers now warn that the latest trade tensions could offset the anticipated market rebound during the second half of 2019. In its latest weekly report, shipbroker Allie…
Oil Tanker Demand Solid, But Trade Tensions Could Change That Read More »
Effective January 1, 2020, in accordance with a mandate from the International Maritime Organization (IMO), the allowable percentage of sulfur in marine fuel will fall substantially, from 3.5% to 0.5%. This looming change, known informally as IMO 2020,…
Just How Disruptive Will IMO 2020 Be? Read More »
Taiwan’s clean energy plan, low reliance on coal, uncertainty on the future of nuclear energy and rising electricity demand collectively signal higher LNG demand in the country. In Asia, even as China leads the charge towards becoming the largest LNG i…
Drewry: Taiwan’s LNG imports to grow; expect more long-term contracts Read More »
Perhaps rather ominously, the ship recycling activity has gradually slowed down to a near halt over the course of the past few days. This development couldn’t have come at a worst time, given that the freight markets could use a little jolt, thro…
Ship Recycling Activity Grinds to a Near Halt Read More »
Demand for shipping in the future will remain greatly dependent on the global economy and GDP, as well as the world’s population, Pierre Cariou, Senior Professor at KEDGE Business School (France’s biggest business school), says. In a presentation deliv…
Uncertainty on trade flow evolution Read More »