Ship owners are seemingly in the hunt for more newbuildings, after a mid-summer lull of activity brought ordering activity to a year-to-date low. In its latest weekly report, shipbroker Allied Shipbroking noted that “despite the recent signs of clampdo…
Newbuilding Orders Pick Up as Shipowners Boost Global Orderbook Read More »
IBIA welcomes signs that work may soon get underway on developing a new chapter specifically for oil-based fuels with a flashpoint below 60°C within the context of the IGF Code, which would simplify the process for ships to demonstrate that they are de…
IMO to start consideration of legal framework for low-flashpoint diesel Read More »
Once again, the loss of Iranian oil for the international market is an eventuality, which is bound to alter fundamentals in the tanker market. In its latest weekly report, shipbroker Gibson commented that “as we move closer to the November 5th re-impos…
Tanker Market: The Iranian Factor May Soon Come Into Play Read More »
To assist shipping companies prepare for implementation of the UN IMO global sulphur cap for ships’ fuel oil, the International Chamber of Shipping (ICS) has produced – free of charge – some comprehensive guidance on implementation planning, to help en…
ICS Launches Free Guidance on Preparing for 2020 Sulphur Cap Read More »
With traditional banks cutting back on ship financing and owners increasingly looking to alternative ways of financing their fleet renewal and investment programmes, loan portfolios have been tumbling down. In its latest annual survey, Petrofin Bank Re…
Global Shipping Loan Portfolios’ Drop to $345 billion says Petrofin Bank Research Read More »