USA-based ballast water treatment system (BWTS) manufacturer, Ecochlor, Inc. announced the completion of a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL). Inst…
Angelicoussis Shipping Group Selects the Ecochlor BWTS for Retrofit in 36 Vessels Read More »
Dutch shipowner Seatrade was recently found in breach of the EU Waste Shipment Regulation1 (the “Waste Regulation”) after selling four reefer ships for scrapping in India, Bangladesh and Turkey in 2012. This case raises interesting questions about the …
Shipping Waste And Waste Ships Read More »
Tanker owners had little to talk about during the course of the past week, amid holidays left and right, but it was the geopolitical side of the market, which caused the most stir, as a result of the reprise of Iran sanctions from the US. In its latest…
Tanker Market Lacking Direction Read More »
There was a time, not many years back, when some bold ship owners ventured into the seemingly unknown area of offshore market, amid a boom period. Things didn’t turn out that well, as Ocean Rig’s example can testify. However, shipbrokers seem to think …
Is the Offshore Market Back in Action? Read More »
Tanker freight rates have experienced weakness this year as persistent over ordering in previous years come to fruition in the form of an unbalanced market. The fundamental relationship between transport demand and vessel supply truly dictates the dire…
More to Come Down the Road Read More »