The tanker market has offered reason for respite for tanker owners amid the pandemic. In its latest weekly report, shipbroker Allied Shipbroking said that “with the first quarter of 2020 now firmly written in the books, it is worth examining what we ha…
Tankers a Silver Lining for Ship Owners Read More »
In March 2020, the US State and Treasury Departments announced sanctions against various Chinese companies for trading in Iranian petrochemicals. Among the targets were ship management company Aoxing Ship Management Shanghai Ltd and shipowner Sea Charm…
Sanctions In The Time Of Covid-19: Ongoing Risks For The Shipping Community Read More »
The world is a very different place to when the last edition of Drewry’s Container Forecaster report was published in December. The only certainty is supply and demand volatility. The outbreak of coronavirus (COVID-19) has laid bare the fragility of hu…
Coronavirus: rationing container capacity Read More »
The effects of the global pandemic of COVID-19 are bound to stick with us for a long time. One immediate consequence though has been the immense difficulty in normal shipping operations, as well as the conclusion of deals in the S&P market, due to …
Ships’ Sales Difficult to Proceed Amid Pandemic Read More »
In the run-up to IMO2020 doubts existed whether there would be enough VLSFO available to meet demand, while HSFO was thought to remain in abundance. The reality however is very different, with the corona virus putting a cap on bunker demand, the growin…
Advance bunker planning an answer to tighter HSFO availability Read More »