As the US decided to put a complete halt in Iranian oil exports, the tanker market is expected to face even more turmoil. In its latest weekly report, shipbroker Gibson said that “so, here we go again – Trump, waivers and oil prices. It feels lik…
Sanctions and the Tanker Market: Where to from here? Read More »
The Turkish Straits are among the busiest waterways in the world. They have crucial importance for the international shipping industry especially for trades involving the Black Sea, Sea of Azov (Northeast of Crimean Peninsula), Marmara Sea, Aegean Sea …
Liabilities arising under the Turkish Straits clauses Read More »
Shipowners have picked up their investment plans, as both newbuilding orders and acquisitions of second hand tonnage have been strong lately. In its latest weekly report, shipbroker Intermodal noted that “strong contracting activity resumed in the past…
Newbuilding Activity and S&P Sales In Full Swing Read More »
There are many legal issues that operators should be aware of when deciding to supply bunkers in Argentina, not to mention operational issues regarding: – the lack of barges available; – delays due to weather; and – congestion during …
Bunker supply and VAT Read More »
The UK Chamber is helping its members prepare for the IMO’s global sulphur cap in 2020, a new regulation that could be highly disruptive without the right guidance. Time is running short and just months remain before the IMO’s global limit on the sulph…
IMO 2020: Countdown to compliance Read More »