Another week, another geopolitical shift is having an impact on the tanker market. This time it’s Venezuela’s political crisis and a bankrupt state that are causing havoc in tanker trades. In its latest weekly report, shipbroker Gibson said that “on th…
Tanker Market and Venezuela Crude Read More »
With the deadline of IMO Sulphur Cap 2020 drawing closer, we understand the owner’s concern to remain operational while complying with this environmental regulation. Having a good implementation / fuel oil changeover plan is just the beginning of…
Challenges when using compliant fuel Read More »
The first month of 2019 was lucklustre for the ships’ demolition market, to say the least. As such, the latest news from the Southeast Asia region seems to be positive in terms of market sentiment. In its latest weekly report, shipbroker Clarkson…
Demolition Market Could Be Set for A Rebound in Demand Read More »
As blockchain technology (of cryptocurrency fame) develops, it has gained its fair share of supporters and detractors, but despite this, it is quickly being adopted by the marine industry because of its proven ability to optimise costs. “Shipping is a …
Blockchain – The case for digitalising shipping Read More »
Newbuilding ordering activity picked up considerably over the past week. In its latest weekly report, Allied Shipbroking said that “the newbuilding market was overflood with news about an ordering spree made by CSSC Leasing last week. This included the…
Newbuilding Ordering Spree Underway With Chinese Owners Leading the “Pack” Read More »