As with newbuilding orders, ships’ demolition activity has also slowed down considerably over the course of the past few weeks. In its latest weekly note, Clarkson Platou Hellas said that “last week was distinctly quiet as the shortage of tonnage…
Demolition Activity Still Lacking Momentum Read More »
McQuilling Services is pleased to announce the release of the 2018 Mid-Year Tanker Market Outlook Update. The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundame…
McQuilling Services Projects Lower VLCC Demand Growth in 2018 Read More »
It’s been quite some time now, since the analysis on the course of the global shipping industry started taking a closer look to the way that the global economy is moving. As such, 2018 is already at risk of not fulfilling the expections that many…
Central Bank and Shipping: What does the future hold? Read More »
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 »