Why is the problem so complex? It is chiefly for three reasons: -The source of the contamination is still unknown. -The problem is widespread and not limited to a region or supplier. Incidents have been reported following fuel oil deliveries in the US …
Contaminated bunker issue continues to spread Read More »
As the summer lull nears its end, market participants expect the newbuilding ordering activity to pick up. In its latest weekly report, shipbroker Allied Shipbroking commented that “observed activity over the past two weeks was rather limited in the ne…
Newbuilding Activity Limited But Expected to Revive Soon Read More »
The International Maritime Organization’s (IMO) decision to implement a 0.50 per cent cap on sulphur emissions has created uncertainty amongst vessel operators. Questions are already being asked about how to comply with the changing emissions target, w…
Organising the switch to low sulphur fuel Read More »
Despite the occasional bleep, the VLCC market remains in deep trouble for the weeks to come, with oversupply evident in key routes and regions. In its latest weekly report, shipbroker Charles R. Weber talked about “observed strengthening rates through …
VLCC Oversupply Still Plaguing Market Read More »
Propulsion Dynamics has responded to industry concerns over the expected spike in bunker fuel costs and increasingly stringent environmental legislation. The company’s new offering, Inferred Fuel Performance, allows a ‘sneak peak’ of a vessel’s expecte…