As regulations on Greenhouse Gas (GHG) emissions loom for shipping, simply using less fuel will be one way to help meet environmental targets, and also potentially save cost from more expensive low sulphur fuels. At the same time, the International Mar…
Using technology to save fuel and improve environmental performance Read More »
Cargo supply for VLCC tonnage in the Middle East picked up considerably during the course of the past week. In its latest weekly report, shipbroker Charles R. Weber said that “rates in the VLCC market extended gains this week on sustained demand streng…
VLCC Fixtures in the Middle East Pick Up Read More »
Over the past ten years LNG has become a popular form of transporting energy over large distances. DNV GL’s advisory services help owners and charterers of floating regasification units assure the safety, functional integrity and economic value o…
Ask the FSRU Experts Read More »
With bunker costs now at an average of 30% higher compared to the comparative period of the past year, it’s inevitable that Worldscale Rates (WS), the standard used to determine tanker freight rates in benchmark routes is bound to shift this year. In i…
Tankers: Higher Bunker Costs Will Lead to Increased WS100 of up to 17% Read More »
Capesize Vale dominated the news for the big ships, with reports Brazilian miners took 20 ships, or more, for August positions from Tubarao to Qingdao. Some were concluded the previous week, but rates paid as the week closed out were in the low $24.00,…
Dry Bulk Market: Capesize Market Dominated By Vale Read More »