Many issues remain unresolved following last week’s intersessional working group (ISWG) meeting at the IMO to develop guidelines to support the consistent implementation of the 0.50% sulphur from 1 January 2020. The meeting made good progress on planni…
Much work remains on IMO’s implementation guidelines for 2020 sulphur limit Read More »
In what seems to be a very healthy development for the future potential of the dry bulk market, shipbroker Allied reported this week, that during the first half of 2018, the net fleet growth was significantly lower than even the respective period of 20…
Dry Bulk Market: Net Fleet Growth Keeps Falling in Boom Sign for Rates Read More »
Demolition activity in Southeast Asia has tumbled over the course of the past few weeks. As a result, tonnage overcapacity still remains to be addressed. In it latest weekly report, shipbroker Clarkson Platou Hellas said that “we witnessed yet another …
Demolition Activity Still Far From Perfect to Have an Positive Impact on Freight Rates Read More »
The newbuilding market has been gearing up for the summer lull, as vacations near and ship owners are reluctant to commit more capital, amid a trade war of global proportions. In its latest weekly report, shipbroker Allied Shipbroking noted that it was…
Newbuilding Activity Quietens Down Read More »
Tanker owners are finding it hard to catch a break these days, as a mere rise in freight rates is quickly compounded by increasing bunker costs and a lull in demolition activity, due to the monsoon season. In its latest weekly report, shipbroker Charle…
VLCC Market Finds it Hard to Catch a Break Read More »