The implementation of the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI in just under 18 months’ time has been well publicised. Concerns about the cost of complying with this low sulphur cap and whether there will be sufficient availabi…
Tanker owners will be looking forward to the upcoming winter period, typically the strongest of each year for the wet sector. However, they will also not be wishing for a repeat of last season, when the freight market failed to recover. In its latest w…
Tankers: Will History Repeat Itself This Winter Around? Read More »
Since we published our comment on 15 June on the very serious issues with contaminated fuel faced by ship owners in the US Gulf there has been no meaningful resolution. Anecdotally it would appear that, to date, more than one hundred vessels have been …
Contaminated fuels: IBIA update and request for support to develop solutions Read More »
Many vessels have been dismantled based on energy efficiency considerations, becoming an environmental problem and contributing to the non-sustainability of materials. Revamping of existing ships in view of improving their operational costs may be seen…
Ship Energy Efficiency as Competitiveness Factor for Revamping or Scrapping Decisions Read More »
The ships’ demolition market has increased in activity and sales over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “last week has shown further improvements with the markets remaining posit…
Demolition Market Firms Up, as Ship Owners Are Offloading More Old Vessels Read More »