The IMO low sulphur fuel cap introduced in January 2020 has not eradicated the potential threats from cat fines, sludge, compatibility issues, asphaltene and fuel stability – the five key issues that can damage the health and maintenance of diese…
VLSFO – Threats Still Remain For Shipowners Read More »
This article, written by Ian Teare and Matthew Dow of Law Firm, Wikborg Rein, discusses the judgment handed down in the Admiralty Court on the case of the Stema Barge II, and looks in detail at the scope and meaning on the Limitation Convention 1976. I…
With floating storage having peaked and more tonnage being gradually released, supply is on the rise in the tanker market. With predictions for oil demand growth also ominous, the tanker market could be heading for a tough second half of the year. In i…
Tanker Market Could Suffer During the Second Half of 2020 Read More »
Mostly missing or infrequently discussed in the COVID-19 pandemic is the current oil crash deepening from crippling fuel demand, sending prices spiraling to an all-time low (crude oil future prices turned negative at some point). As Americans continue …
Dry bulk shipowners have had solid reasons to smile this week and rightfully so. The physical market recorded an impressive rally and fixtures reported seem unable to “beat the index” as it is breaking records day by day. Same rally was followed by the…
Has the dry bulk tide turned? Read More »