On 17 May 2019, the US announced that it had reached agreements with Canada and Mexico to remove the US tariffs imposed on steel and aluminium products from those countries pursuant to Section 232 of the Trade Expansion Act of 1962, as well as the reta…
Trade now more fluid in North America Read More »
Many question marks still linger regarding the expected rebound of the product tanker freight rate market, as we approach the second half of the year, when many ship owners are predicting a rally, on the back of the IMO 2020 rules. In its latest weekly…
Product Tankers: Will the Market Rally During the Second Half of 2019? Read More »
Norway 2019 is a very different place compared to a few years ago. However, many of the nation’s shipping and offshore industries have achieved sustained growth through some of the most turbulent times ever faced. Since the last Nor-Shipping in 2017, t…
Splashing the cash: Norway’s biggest spenders over the last year Read More »
The Automated Identification System (AIS) was developed to counter the safety limitations of visual/VHF/Radar that were traditionally relied on for safe navigation in busy waterways. Regulation 19 of SOLAS Chapter V requires AIS is to be fitted on all …
‘Going dark’ is a red flag – AIS tracking and sanctions compliance Read More »
Shipowners’ “appetite” for dry bulk newbuildings hasn’t waned at all during 2019. In its latest weekly report, shipbroker Allied Shipbroking noted that “a stable flow of new orders for dry bulk vessels has been witnessed from the beginning …
Dry Bulk Newbuildings the “Weapon of Choice” Among Shipowners Read More »