Eletson Corporation is leading the way in adopting cutting-edge technology to improve the lives of their seafarers and increase payroll efficiencies. The introduction of Brightwell’s cashless facilities for masters and crew reduces the need for cash on…
It’s been a mixed bag for the tanker markets this week, but more upside could be on the way. In its latest weekly report, shipbroker Affinity Research said that “in Suezmax markets, the TD20’s dramatic collapse was perhaps halted by busy WAF & Amer…
Shipbroker Sees Upwards Correction on VLCC Rates Read More »
The IMO deal reached in London represents a significant shift in climate ambition for a sector that accounts for 2-3% of global carbon dioxide emissions. It sets an emission reduction pathway of “at least” 50% on 2008 levels by 2050 with a strong empha…
The IMO’s 2018 climate agreement explained Read More »
Despite short-term lackluster performance, the existing fundamentals seem to indicate a brighter long-term future ahead for the product tanker market. According to the market outlook released this week by shipowner Capital Product Partners, “product ta…
Low orderbook bodes well for Product Tanker Long-Term Prospects Read More »
Every year in April, the Great Lakes of North America open up for seaborne trading as the winter ice melts. Maersk Tankers operates in the Great Lakes, bringing in products to support the region’s local industries and energy demands. The bi-national Gr…
Trading on “Highway H2O” Read More »