Opec-led output cut expected to hurt tanker demand Opec and its Russia-led partners will reduce oil supply by 1.2 million bpd in the first half of 2019. The Organization of Petroleum Exporting Countries (Opec) and its Russia-led allies have reached an …
Shipping Market Monitor: OPEC-led output cut expected to hurt tanker demand Read More »
Overview BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution. The two clauses are: • BIMCO 2020 Marine Sulphur Content Clause for Time Charter Pa…
BIMCO Publishes Two 2020 Sulphur Clauses Read More »
While the product tanker market segment hasn’t had the lackluster year of the crude tanker business, things haven’t been all that rosy as well. However, the past few weeks, there has been a positive trend in the freight market. In the MR tanker segment…
Product Tanker Markets Improving in Various Routes Read More »
Guidance on ship implementation planning approved by the IMO will assist ship owners in preparing for the use low sulphur fuels to comply with the 2020 sulphur limit. IBIA is pleased to have contributed to the practical advice contained in two appendic…
IBIA welcomes IMO’s 2020 preparatory advice for ships Read More »
Greener and Environment-friendly Energy Resources As it has been seen on shore, shipping companies are starting to look for greener alternatives and environmentally friendly types of fuel such as LPG (Liquefied Petroleum Gas), Liquefied Natural Gas (LN…
Hydrogen: the upcoming solution Read More »