The ship repair segment is about to witness one of its frenziest periods in recent memory, ahead of a flurry of conversions and retrofits, as a result of the looming IMO 2020 rule. In a recent report, shipbroker Intermodal said that “the ship repair se…
Dry Dockings To Reach Peak Season Pretty Soon Read More »
Oslo-based Xeneta, the leading ocean freight rate benchmarking and market analytics platform, has revealed a jump in long-term contracted rates for containership operators during the month of May, as 2018 rates expire and new contracts push the index u…
Fuel Oil Non-Availability Report (FONAR) is primarily a discretionary tool for a Member State to lessen the breach of MARPOL Annex VI, it is not an exemption but rather a self-declaration by owners that a breach has or is about to occur. IMO’s Ma…
MARPOL ANNEX VI – Sulphur Cap 2020 – Demystifying the FONAR Read More »
While not much can be said at this point about the supply-demand equation of the dry bulk market, shipbrokers are looking at other factors, which are having an impact in freight rates, trying to gauge its future direction. In its latest weekly report, …
Dry Bulk Market: Uncertainty Dent the S&P Market Read More »
In a little over 6 months the new IMO low-sulphur rule will come into effect. Few contest the change will have anything other than far-reaching consequences for the global container shipping industry and its users, but many BCOs remain uncertain about …
Final countdown to 2020: How one BCO handled the IMO 2020 rule change Read More »