Sentiment is starting to improve in the tanker market as of late, with fundamentals looking to be back on track, as several factors are contributing to an improvement. In its latest weekly report, shipbroker Allied Shipbroking said that “it seems that …
Is the tanker market back on track? Read More »
The 73rd session of the IMO’s Marine Environment Protection Committee has dealt with a huge amount of work this week. Below is a brief summary of points of particular relevance to IBIA’s members. We aim to report in more detail later, and at our Annual…
MEPC 73: Summary of key outcomes Read More »
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months ended September 30, 2018. Highlights for the Second Quarter Fiscal Year 2019 Revenues of $40.8 mi…
Hadjipateras: VLGC Market in Balance as Demand Improves Read More »
Over the past few days, there has been a resurgence of tanker ordering activity. In its latest weekly note, shipbroker Allied Shipbroking said that it was “a fairly interesting week overall for the newbuilding market, given the firm flow of fresh order…
Newbuilding Ordering Picks Up as Shipowners Are Turning to the Tanker Segment Once More Read More »
In 1997, the International Maritime Organisation (“IMO”) adopted Annex VI to the International Convention for Prevention of Pollution from Ships (“MARPOL Convention”) in order to tackle the air pollution caused by shipping. On 1 July 2010, a revised An…
The 2020 Global Sulphur cap Read More »