An epidemic of ships experiencing fuel-related problems with seemingly on-spec fuels this year, starting in the US Gulf, has led to feverish speculation about the root causes with many predicting that this is a precursor for worse to come in 2020. Some…
IBIA: Barking up the wrong tree? Read More »
In this guest blog, Tore Longva from DNV GL Maritime explains all the different ways by which emissions regulation will be an industry game-changer. The key environmental challenge for shipping will be in the short term to comply with the global 0.5% s…
The impact of the IMO GHG Strategy on shipping Read More »
As the 1st of January 2020 is edging closer, the effects of the IMO 2020 rule on burning cleaner marine fuels are bound to be diverse, across all ship classes. One such case is the Handy product tanker range. In its latest weekly report, shipbroker Gib…
Older Handy Product Tankers Could Soon be Scrapped due to IMO 2020 Rules Read More »
The Brazilian economy is on track to expand by 1.8% this year, a downward revision from the International Monetary Fund’s (IMF) initial expectation of 2.3% in January. This downward revision is due to lower than expected consumption, exacerbated by fue…
Product Tankers: The Return of Brazilian Demand Read More »
The tanker market was mixed during September, as smaller classes like the Suezmax and Aframax benefitted from the hurricane seasons, while VLCCs were flat, as oversupply issues still hampered the segment’s recovery, said OPEC in ints latest month…
Hurricane Season Boosted Tanker Markets in September Read More »