Ship owners have started to scale back on the tanker newbuilding investment over the course of the past few months, in what could be seen as a positive sign moving forward. In its latest weekly report, shipbroker Gibson said that “one of the forward lo…
Tanker Market Revival Dependent on Future Tonnage Supply Read More »
One way or another, ship owners are soon going to have to make big, and in some cases expensive, changes to meet compliance. New International Maritime Organization (IMO) regulations coming into force at the start of 2020 will slash the allowed concent…
To scrub or not to scrub Read More »
Emissions from shipping have come under fire once again thanks to the recent climate change protests in London and Sweden that have put further pressure on governments to take swift and decisive action on the environment. Although official figures indi…
Slow steaming, a solution to reduce CO2 emissions? Read More »
As many members are aware, whether they purchase bunkers as an owner or charterer of a vessel, sometimes the standard terms and conditions of the relevant bunker supplier can be slanted in favour of the bunker supplier. Often they contain short time li…
Bunker suppliers upset balanced BIMCO bunker terms Read More »
Qatar Petroleum has invited tenders for the construction of more than 100 LNG ships. These ships are required to meet the ship requirements associated with the expansion of the Qatargas LNG liquefaction project and the Golden Pass LNG project in the US…
LNG rides a new wave with Qatar’s prospective LNG ship orders Read More »