The need to alleviate tonnage oversupply is still a major concern among ship owners. However, over the past few weeks, sales of older ships for scrap haven’t been exactly booming. In its latest weekly report, shipbroker Clarkson Platou Hellas com…
Scrapping of Older Ships Still Lagging Despite Urgent Need for More Decomissionings Read More »
Choosing the best option to comply with the sulphur cap will be a gamble. The economic success of a shipowner’s choice depends heavily on future fuel prices in 2020 and beyond. If the price difference between high sulphur residual fuels and 0.5%S disti…
EGCS: Do They Scrub Up Well? Read More »
Firm freight outlook coupled with attractive valuation make small LPG coasters an attractive buy at the moment. LPG shipping has been marred by an oversupply of vessels, with the Drewry LPG TCE index near its five year low. However, small LPG Coasters …
Now is a good time to buy LPG coasters Read More »
A potential recovery of Brazil’s crude exports could soon offer newfound hope for tanker owners. In its latest weekly report, shipbroker Gibson said that “for some time now, Brazil has been a major source of demand for the tanker markets, both fr…
Tankers: Is There Hope from Brazil Read More »
A survey of EGCSA members has revealed that scrubber uptake is rapidly accelerating with the number of ships with exhaust gas cleaning systems installed or on order standing at 983 as of 31 May 2018. This follows a slew of recent reports that major shi…
Scrubber orders full ahead Read More »