As we enter the final part of 2018, a resurgence in demolition activity, which has retreated over the course of the summer months, would be very welcome, in order to further alleviate overtonnage issues in various parts of the shipping market, most not…
Demolition Activity Crucial For Shipping Market Relief Moving Forward Read More »
No Fukushima like disasters, demolitions have only been a handful and deliveries have remained strong, yet, LNG spot charter rates have touched the highest mark since the summer of 2012. In this piece, we investigate what is driving the rally of the LN…
What is driving the summer rally of LNG spot charter rates? Read More »
Why is the problem so complex? It is chiefly for three reasons: -The source of the contamination is still unknown. -The problem is widespread and not limited to a region or supplier. Incidents have been reported following fuel oil deliveries in the US …
Contaminated bunker issue continues to spread Read More »
As the summer lull nears its end, market participants expect the newbuilding ordering activity to pick up. In its latest weekly report, shipbroker Allied Shipbroking commented that “observed activity over the past two weeks was rather limited in the ne…
Newbuilding Activity Limited But Expected to Revive Soon Read More »
The International Maritime Organization’s (IMO) decision to implement a 0.50 per cent cap on sulphur emissions has created uncertainty amongst vessel operators. Questions are already being asked about how to comply with the changing emissions target, w…
Organising the switch to low sulphur fuel Read More »