While it’s safe to say that 2018 has been a landmark for the ships’ demolition market, particularly in the beleguered tanker segment, the past few weeks have been less than ideal, in terms of further alleviating tonnage supply. In its lates…
Ships’ Demolition Market in “Wait-and-See” Mode Read More »
The CIMAC Fuels working group consists of experienced stakeholders representing refiners, suppliers, OEMs, ship operators, fuel testing labs, classification societies etc. as listed below. This statement has been made to update the marine industry on h…
CIMAC statement on 2018 marine fuel incidents Read More »
After the Iranian sanctions, another factor which could shake things up in the tanker market is the fall in Venezuela’s oil production. In its latest weekly report, shipbroker Gibson said that “to say its been tough for Venezuela in recent …
Iran and Now Venezuela Are Shaking Things Up in the Tanker Market Read More »
Sulphur Cap Series: Part 2 – Challenges Facing Compliance and Challenges to Enforcement Part 1 explored the scope of Regulation 14.1.3 of Annex VI of the MARPOL Convention (“Regulation 14.1.3”) and provided an analysis of the contractual, penal a…
A Practical Overview of the IMO 2020 Sulphur Cap – Part 2 Read More »
The issue If no drastic action is taken, CO2 emissions from international shipping could increase between 50% and 250% by 2050 Maritime transport emitted 938 tonnes of CO2 in 2012. This represented 2.6% of total global carbon emissions. By 2050, shippi…
On Course Towards Carbon-neutral Shipping? Read More »