The tanker market was quite the ride for ship owners. In its latest monthly report, OPEC said that a host of factors in the tanker market in October pushed rates to the highest on record on all major routes. The market had been expecting a seasonal pic…
October Marks Record Month for the Tanker Market Read More »
The IMO Intersessional Working Group on Reduction of GHG Emissions from Ships has made significant progress in pushing forward with work to help achieve the ambitious targets set out in the initial IMO strategy on reduction of GHG emissions from ships,…
IMO pushes forward with work to meet ship emission reduction targets Read More »
With the world fiercely focused on a decarbonised future, fossil fuel movers and traders might rightly be reconsidering their future. But cast a wider bulk cargo net and there are still reasons to be cheerful about job prospects for the 2020s and beyon…
Life after fossil fuels: The days of oil and coal transportation are numbered Read More »
Ship owners are adopting a rather conservative approach, when it comes to their new investments in the market, given the amount of uncertainty there is on the market. In its latest weekly report, shipbroker Intermodal said that “the improvements seen i…
Ship Owners Adopting “Defensive” Tactics Read More »
The International Maritime Organization’s (IMO) Global Sulphur Cap 2020 regulations specify that every vessel must adhere to strict sulphur emissions limits by 1 January 2020. As this date looms closer, marine industry players are finalising their game…
Who is afraid of the sulphur cap? Read More »