As World Maritime Day was celebrated across the shipping sector on 27 September, the IMO’s chosen theme ‘better shipping for a better future’ applies across the industry. With mission critical travel of crew representing the second highest cost for ves…
How to achieve crew travel efficiency in your business Read More »
The implementation of the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI in just under 18 months’ time has been well publicised. Concerns about the cost of complying with this low sulphur cap and whether there will be sufficient availabi…
Tanker owners will be looking forward to the upcoming winter period, typically the strongest of each year for the wet sector. However, they will also not be wishing for a repeat of last season, when the freight market failed to recover. In its latest w…
Tankers: Will History Repeat Itself This Winter Around? Read More »
Capesize A stop-start market for the big ships with many expectations and few fulfilled. Holidays curtailed trading early in the week, but the C5 route regained some ground with rates in excess of the mid-$7.00s for 11 October onwards, although, bunker…
Dry Bulk Market: Capesizes Impacted by Chinese Holidays Read More »
Since we published our comment on 15 June on the very serious issues with contaminated fuel faced by ship owners in the US Gulf there has been no meaningful resolution. Anecdotally it would appear that, to date, more than one hundred vessels have been …
Contaminated fuels: IBIA update and request for support to develop solutions Read More »