The International Maritime Organisation’s (IMO) major change limiting the airborne sulfur dioxide emissions from international shipping is now less than a year away. On 1 January 2020, the sulfur dioxide emission standard tightens to limit the emission…
Uncertainty Shrouds IMO 2020’s Impact Read More »
While a scenario under which, oil prices are elevated, is bearish for tanker prospects in the long run, it’s expected that, at least in the short-term, demand will be supported, thanks to elevated crude runs from new refineries coming online. In its la…
Tanker Demand Will Be Supported in The Near Term Claims Shipbroker Read More »
Capesize Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million tonnes. It was also another week with Vale a…
Dry Bulk Market: Capesizes Still Under Pressure, on Dalian’s Australian Coal Import Ban Read More »
Maersk has declared its intent of becoming the first shipping line to achieve zero-emission shipping, introducing a specific segment on its progress in this year’s sustainability report. Responding to this report from leading expert Dr Tristan Smith, a…
Maersk could cut CO2 faster with retrofits, says UCL Read More »
The Capesize dry bulk market is staring towards a challenging 2019 year, with demand for iron ore from China’s steel industry having taken a hit over the course of the past few weeks. However, the prospect of a potential trade agreement between US and …
Dry Bulk Market: Hopes of Trade Agreement Could Restore Market Confidence Read More »