Carriers test new IMO charges in the spot market, which are implemented and accepted on some routes. Huge disparity in charge levels. Most carriers have implemented so-called “IMO 2020 transition charges” from 1 December, leading to higher spot rates, …
IMO transition charges kick-in in spot market Read More »
Are – Alf Martin, you were one of the prime movers in putting together the Gard conference on containership fires in October. I think it is worth reiterating the point made by many at the conference – the approach to solving the problem wit…
Challenging the SOLAS fire regulations for container vessels Read More »
2019 was definitely a year to remember for tanker owners. In its latest weekly report, shipbroker Gibson said that “this year started on a positive note for tankers. Healthy earnings were seen in early 2019 supported by strong demand at the time, weath…
Tanker Market in 2019: A Glass Half-Full Read More »
Capesize The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing IMO bunker costs. A week out from Christmas there was a definite holiday feel, with some traders already a…
Dry Bulk Market: Weakness Across the Board Read More »
As we approach January 1st 2020 , the VLSFO price premium to HSFO has widened considerably We are clearly well into the IMO 2020 transition; changes in bunker infrastructure, availabilities and pricing are all having a major impact, posing challenges t…
VLSFO pricing & availability needs careful watching Read More »