Just as the shipping industry was looking for signs of further trade growth rebound and was hoping for an improvement over the initially modest predictions for the 2018-2019 pace of rate increase, reality kicked in, in the form of renewed trade tension…
Global Economy and Trade Tensions Are Bound to Find their Way Into Shipping as Well Read More »
The Mediterranean market stands, in our view, as a growth story for tanker demand, indicated in our 2018-2022 Tanker Market Outlook in the context of rising crude production in the Caspian Sea and Libya. Although confident in growth, we also understood…
Rough Seas on the Route to Recovery Read More »
Switching to liquefied natural gas (LNG) is the preferred solution for shipping companies to adopt in order to meet the International Maritime Organization’s (IMO) stringent new international emissions standards for marine bunker fuels, according to th…
It’s been a familiar trend this year; volatility when it comes to the newbuilding ordering activity. In its latest weekly report, Allied Shipbroking said that it “a very quiet week for the Newbuilding market was due, despite the gear up noted in …
Volatility Continues in the Newbuilding Ordering Activity Read More »
Companies listed in the US are familiar with the challenging Sarbanes-Oxley Act (SOX) requirements around internal controls. Many aim to satisfy these requirements by reference to the respected COSO internal control framework. Here are our top five are…
Moore Stephens: Five SOX pitfalls for shipping and transport companies Read More »