Newbuilding ordering activity has started to pick up pace of late, while S&P deals are also on the rise, with more and more owners looking to conclude business deals. In its latest weekly report, shipbroker Allied Shipbroking said that “despite the…
Newbuilding Activity Rather Brisk, Whle S&P Deals on the Rise as Well Read More »
The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels’ sulphur emissions and ensuring compliance with MARPOL Annex VI. A separate guideline, Resolution MEPC.259(68), specifies the requirements for the verification, testi…
Beware of local restrictions before discharging washwater from exhaust gas scrubbing Read More »
ReCAAP Information Sharing Centre (ISC) released its Annual (January to December 2018) Report. Highlights of the report, whose information is verified by the respective government agencies, also known as Focal Points, and regional authorities, include:…
An increase of supply of crude oil from the Arab Gulf and a resulting need for additional infrastructure in terms of ports and pipelines could result in a heightened use of VLCCs in the region. In its latest weekly report, shipbroker Gibson said that “…
VLCCs Could Enjoy Increased Supply of Cargoes from Arab Gulf Read More »
Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017. Record high levels of inbound laden containers …
US Container Imports Break Records But Uncertainty Lies Ahead Read More »