After a long time in the doldrums, the tanker market is primed for better days, as a result of a projected increase in ton-mile demand and various factors coming into play, from the sanctions on Iran, to the US-China trade war. Meanwhile, the product t…
Tankers: Ton-Mile Demand Poised to Increase Read More »
Did you know that states that are parties to MARPOL Annex VI are supposed to inform the International Maritime Organization of the availability of compliant fuel oils in their ports? There is, in fact, an established mechanism to do so and now it is ho…
States urged to report availability of 2020 compliant fuels to IMO Read More »
Rates for LNG carriers have boomed of late, with ship owners active in this niche market, already reaping the benefits. In a recent note, Golar LNG said that “increasing US LNG production and start-up of Yamal T2 together with strong Asian demand and r…
LNG Shipping Rates Are Spiking and It Could Stay This Way for a Long Time Read More »
The IMO Marine Environment Protection Committee’s 73rd session (MEPC73) has just ended, and with it, so did all speculations about a potential delay of the global 0.50% sulphur cap. The rules apply from 1 January 2020 – and they will be enforced….
Sulphur cap ahead! Read More »
2018 will go down in history as the year of tankers and container ships’ starring role, when it comes to demolition activity. In its latest weekly report, Clarkson Platou Hellas commented that “as we approach the Diwali festivities, buying intere…
Tankers and Container Ships Lead the Way on Demolition Market Read More »