Predictions for world seaborne trade growth have gained greater significance and attention in the context of the shipping industry’s greenhouse gas emissions. Increasing trade volumes, resulting in expanding fleet carrying capacity, could boost emissio…
How realistic are today’s long-term sea trade forecasts? Read More »
What happens with any non-compliant fuel oil remaining onboard a ship when arriving at the next port of call after submitting a Fuel Oil Non-Availability Report (FONAR)? The first option is debunkering, but what if that’s not possible at the ship’s fir…
FONAR discussions at MEPC 74 show divergent views Read More »
The first four months of 2018 have put a huge dent in the long-term recovery of the dry bulk market. In a recent analysics, shipbroker Banchero Costa said that “2018 was a reasonably positive year for the dry bulk sector, with the Baltic Capesize, Pana…
Dry Bulk Market: 2019 Freight Rates Losses of Up to 35.7% Cloud Market’s Recovery Read More »
The chartering of ships, like any other business, comes with risks that the business counterparts do not honour their obligations to pay. Some owners (including head owners and disponent owners) believe that their position should be relatively secure g…
Owners’ remedies – contractual rights vs reality Read More »
ASBATANKVOY, one of the most widely used tanker charter parties in the world, will form the basis when BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) begin to jointly develop a charter party specifically for use in the gas…
BIMCO And ASBA Join Forces To Develop Gas Tanker Voyage Charter Party Read More »