The current debate at the IMO and MEPC is attempting to focus on reducing the volumes of CO2 the escape from the exhausts of commercial ships. Many attempts have been made in recent years in this regard including installing scrubbers on the ship’…
The Shipping Industry & Global Warming Read More »
Tanker owners are looking for additional hope in a market, where fundamentals are crucial. In its latest weekly report, shipbroker Intermodal said that “in a previous insight that was written at the end of last year, we had stressed that the real focus…
Tankers: Newbuildings and Demolitions on the Rise in Tandem Read More »
When the International Maritime Organization (IMO) meets in London this week, the stakes are high. The IMO’s Marine Environment Protection Committee (MEPC) plans to adopt an initial greenhouse gas strategy, the first of its kind for the shipping sector…
Charting a course for GHG emissions and the shipping sector Read More »
Product tankers’ long term potential could be heading for a limelight, but not until the end of the decade. In its latest weekly report, shipbroker Gibson commented that “undoubtedly, 2017 proved to be a very difficult year for the product tanker marke…
2020 IMO Sulphur Cap Could Benefit Product Tanker Demand Read More »
It’s no secret – shipping is going through a tough time. And in tough times, owners need to do everything they can to help the bottom line. The industry has been rife with consolidations, bankruptcies, acquisitions and downsizing. But what else c…
6 Ways for Shipowners to Reduce Bunker Costs Read More »