“The 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping” believes Chairman of the International Chamber of Shipping (ICS), Esben Poulsson. “But there are even more profound…
Sulphur and Greenhouse Gas Reduction Priority for ICS Read More »
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 »