With less than two years before the sulphur cap comes into force, LNG is looking more plausible as the marine fuel of the 21st Century. Many shipowners are still weighing up the dilemma of how to comply with the stringent new rules on sulphur emissions…
LNG: fuel of the future? Read More »
A series of reasons is behind the increased tanker demolition activity so far this year and it’s not just the market demise, or an aging fleet. In a recent note, Mcquilling Services LLC said that “the tanker demolition market has picked up the pace in …
The traditional class and statutory survey regime consisting of annual and five-year cycles has been shown to be too rigid for mobile offshore units (MOUs). Leveraging advanced digital technology, DNV GL’s revised Offshore Rules published in January 20…
New rules for MOUs – Classification for smarter operations Read More »
In its latest weekly report, shipbroker Affinity Research wondered whether we are sailing into the calm after the storm for Suezmax markets? Rather unlikely. The end of second decade May inquiry is still outstanding, and whilst Singaporean ballasters a…
Tankers: Suezmax Market in the Clear? Read More »
Shipping markets are by their nature cyclical, but anticipating the timing of market cycles is rarely easy in practice, not least because shipping’s cycles are so enmeshed with other economic cycles, notably in underlying commodity markets. For example…
Wheels Within Wheels: Shipping And Oil Market Cycles Read More »