In a few weeks, IMO’s ‘global sulphur cap’ will take effect. The permitted levels of SOx in ship emissions will be restricted in association with the revised MARPOL Annex VI, ie the current sulphur limit of 3.5% of any fuel oil used onboard ships will …
Exhaust Gas Cleaning Systems (Scrubber) Guidance Read More »
A fundamental misconception of risk is causing many shippers of ocean freight to completely overlook the need for cargo insurance of any kind and to cover against a multitude of eventualities. Many industry professionals fear the endemic perception tha…
Shippers Urged To Take Another Look At Cargo Insurance Read More »
The Capesize dry bulk market experienced another rollercoaster year in 2019, beginning in dire straits, improving gradually, then rallying, before retreating once more as the year faded. In its latest monthly report, shipbroker Banchero Costa said that…
A Rollercoaster Year for the Capesize Market Read More »
Carriers test new IMO charges in the spot market, which are implemented and accepted on some routes. Huge disparity in charge levels. Most carriers have implemented so-called “IMO 2020 transition charges” from 1 December, leading to higher spot rates, …
IMO transition charges kick-in in spot market Read More »
Are – Alf Martin, you were one of the prime movers in putting together the Gard conference on containership fires in October. I think it is worth reiterating the point made by many at the conference – the approach to solving the problem wit…
Challenging the SOLAS fire regulations for container vessels Read More »