As “slim pickings” is the norm in the wet markets this year, competition for cargoes in beginning to emerge across various classes and even between dirty and clean tankers. In its latest weekly report, shipbroker Gibson said that “it’s not unusual for …
VLCCs “Eating Up” Product Tankers’ Cargoes Read More »
The tanker market is bound to witness a shift of cargoes from Iran as the country is entering a new round of US-imposed sanctions this time around. In its latest weekly report, shipbroker Intermodal said that “after the abolishment of the trade embargo…
Tanker Market: European Imports of Iranian Oil Bound to Continu Read More »
ADNOX A/S, the R&D start-up in which Hans Jensen Lubricators A/S recently acquired the majority stake, has released details of their Advanced Diesel NOx reduction method, “ADNOX”. The ADNOX System is a SCR system using diesel oil as reductant offer…
The Modern Approach to NOx Reduction Read More »
After a flurry of tanker tonnage being sold for demolition, it seems that the market is trying to rebalance. In its latest weekly note, Clarkson Platou Hellas said that “it would appear that many have taken extended leave from the industry as a very qu…
Demolition Market Enters Period of Uncertainty Read More »
The tanker market could be set for an improved second half of the year, as there is a series of factors currently working in its favor. In its latest weekly report, Allied Shipbroking said that “a sharp rise in the price of crude oil was to be seen on …