With shipping having to cope with extraordinary circumstances and challenges, due to the COVID-19, demolition of older ships have taken a back seat of late. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “to avoid confusion – …
Demolition Market Still Under Lockdown Read More »
The short answer is yes, but not always. Continuous price monitoring is key to identifying price dislocations between different ports. Overview The world is currently going through a very turbulent time with oil prices recently falling to the multi-dec…
Can bunkering outside hubs yield better pricing? Read More »
The practice of charterers using oil tankers for floating storage is certainly not a new concept. What’s different with the current demand for storage is the huge number of ships being time chartered for floating storage purposes due to the collapse in…
BIMCO Floating Storage Clause For Tankers: What To Cover Read More »
EU crude oil imports were “business as usual” after the first quarter of 2020, as the effects of the pandemic hadn’t made an impact yet. In its latest weekly report, shipbroker Banchero Costa said that “between February and March 2020 Europe emerged as…
EU Crude Oil Imports Robust After First Quarter of 2020 Read More »
A new authoritative market report by a team of academic experts and business leaders commissioned by OrbitMI has found that sharing in shipping can unlock $237 billion by 2027. The report is especially pertinent as the Covid-19 crisis, has highlighted …
Sharing in Shipping To Unlock $237 billion Read More »