Interest to ship US crude into the European market has been rising in recent weeks, driven by a combination of increased demand in the latter and favorable crude pricing. Suezmax and Aframax spot activity to load end April/early May has increased in th…
Europe Pulls US Crude Read More »
Oversupply of tonnage could soon be eradicated in the wet markets, if the current pace of demolition activity is maintained. In its latest weekly report, shipbroker Intermodal noted that “on the crude sector, a very anemic supply growth in 2014 helped …
The only commercial technology solution currently available to meet compliance with MARPOL Annex VI Regulation 14 is an exhaust gas cleaning system, namely scrubbing. Remember Regulation 14 requires ships to use 0.10%S fuel in ECAs and 0.50%S fuel glob…
Scrubber Technology and Preparing for the 2020 Sulphur Cap Read More »
The fleet capable of running on LNG fuel has tripled in size over the last 10 years, and though its size remains limited, growth has sped up recently in line with the accelerated environmental agenda. While this fleet was originally dominated by LNG ca…
LNG Capable Capacity: Fresh Ingredients? Read More »
News broke this past week that Pakistan has reportedly reopened the market for tanker imports, bound for recycling. In its latest weekly report, Clarkson Platou Hellas commented that “it has finally happened… following reports received, it is our under…
Pick Up Seen in Ships’ Demolition Market, on Pakistan News Read More »