In recent days, there has been reports that the Ministry of Transport in Beijing has now banned open-loop scrubbers from the country’s emission control areas (ECAs), which now cover most of China’s territorial waters. Sources familiar with the matter h…
China Has Not Yet Placed A Full Ban On Open-Loop Scrubbers Read More »
The VLCC tanker market hasn’t started the year well, with rates remaining soft. To make matters worse, shipbrokers expect more headwinds in the coming weeks, as a result of a series of newbuildings expected to hit the water. In its latest weekly …
VLCC Tanker Market Soft, While More Headwinds Should Be Expected Read More »
Tanker owners were faced with a mixed bag in the freight rate market, as there were highs, as well as lows throughout 2018, or as shipbroker Gibson commented in its latest weekly report, it has been a year of extremes. “For most part tading conditions …
Tanker Market in 2019: Will it be Another Rollercoaster Ride? Read More »
Digital technologies are a pervasive, all-encompassing part of our day-to-day lives. And the key to enabling these technologies are data centers. These massive complexes contain networked computers and storage facilities, the very lifeblood that keeps …
Smart technologies for cleaner and greener data centers Read More »
The market fundamentals for the LNG shipping industry are steadily improving as we head for another landmark year. In a recent report, shipbroker Banchero Costa detailed the demand side of the market, by noting that “over the last 10 years the LNG trad…
LNG Shipping: Demand is About to Drive Rates Even Higher in 2019 Read More »