In 2018 so far, some 17 VLCCs have been ordered, which has expanded the orderbook by 17.0% in terms of vessel numbers, according to Alibra data. Of these ships, all but two are to be built at South Korean yards. One has been ordered in China and anothe…
VLCCs, Place your bets! Read More »
The recent meeting of the International Maritime Organisation (IMO) that was intended to discuss the issue of reducing the amount of CO2 that commercial ships emit into the World’s atmosphere was hijacked by the Global Warming crowd resulting in the IM…
Shipping and CO2 emissions Read More »
“The incoming International Maritime Organization (IMO) sulphur cap on emissions from shipping could have a significant effect on the maritime industry, and it has the potential to be a game changer for alternative fuels,” says Trond Hodne, Senior Vice…
DNV GL launches alternative fuels white paper Read More »
It’s the question on everyone’s mind: how best to deal with the IMO’s 0.5% sulphur cap regulations? With just over 18 months to go until the deadline, decisions need to be made on capital investments for scrubbers and new builds now. Trafigura recently…
BunkerEx: Our View on 2020 (Hint, say NO to scrubbers, for now…) Read More »
The freight market for VLCCs has continued to remain unimpressive. According to the latest weekly report from shipbroker Gibson, there was “no improvement for previously sliding VLCCs….a slow week as Charterer’s proceeded to gently close out the …
Early Month Activity the Hope for a VLCC Rebound Read More »