Ships’ demolition activity still hasn’t picked up during 2019, as ship owners are gauging the market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it has been another sluggish week with most end recyclers still closing them…
Demolition Activity Still to Pick Up Read More »
SEA\LNG has released an independent study revealing a strong investment case for LNG as a marine fuel in the container shipping market. Peter Keller, Chairman, SEA\LNG, stated: “We commissioned this study from independent simulation and analytics exper…
Independent Study Reveals Compelling Investment Case For LNG As A Marine Fuel Read More »
The impending IMO fuel deadline is creating a dilemma for chemical tanker owners―should they install scrubbers or replace high sulphur fuel (HSFO) by burning cleaner fuels, such as low sulphur fuel oil (LSFO), LPG or LNG? Space is often limited on a sm…
Are chemical tankers ready to meet forthcoming IMO fuel regulations? Read More »
As is usually the case so early in the year, ship owners are still reluctant to commit funds to newbuildings or S&P deals, unless some opportunity arises, or there’s a very specific and urgent need to do business. In its latest weekly report,…
Newbuilding and S&P Markets Yet to Pick Up in 2019 Read More »
Since 21 December 2018, the US Government has been in shutdown following the failure of Congress to agree federal funding. With no end in sight, it is the longest shutdown in US history. As a result the US Coast Guard and other federal agencies are ope…
US Shutdown Impacts Shipping Read More »