By now, it’s no secret that the tanker market is in dire straits for quite some time. However, according to Teekay, an unlikely “knight in shining armour” could come in the form of the IMO 2020 rule, regarding the use of low-sulphur fuels. In its…
Tanker Market Could Rebound on IMO 2020 Rule Read More »
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. These regulations are the biggest of a series of steps by the International Maritime Organisation (IMO) to reduce marine pollution (MARPOL) in respo…
How the new fuel regulations change the entire shipping industry 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 »
As we’ve entered the month of summer holidays for many, demolition activity has kept its lackluster performance. In its latest weekly report, Clarkson Platou Hellas commented that “with regards to the lack of tonnage now clearly evident in the ma…
August “Blues” in the Ships’ Demolition Market Read More »
Imagine walking into a car rental company in order to take delivery of a car you booked for your holidays. The employee greets you, takes you to the parking space, shows you two identical cars and lets you know that one car burns normal fuel while the …
Owners dilemma on sulphur emissions Read More »