Many Europeans see the policies of US President Donald Trump as isolationist and anti-trade. Nevertheless, something they do not consider is that European tariffs are on average much higher than those in the US. Experts are anticipating a considerable …
“America first”: What does it mean for global trade? Read More »
Ship charterers of tankers are prepared to pay significant premium in order to secure tonnage fitted with scrubber technology, ahead of IMO’s 2020 rule. In its latest weekly report, shipbroker Gibson said that “one of the most hotly debated subjects in…
Ships Fitted with Scrubbers Most Preferred by Charterers Read More »
Capesize A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, though, mostly unsuccessfully. Fronthaul rates climbed to the equivalent of over $40,000 daily, with a cargo alleg…
Dry Bulk Market: Capesizes Enjoy Week of Significant Gains Read More »
Ship implementation planning for the 2020 sulphur cap is on the agenda at a week-long meeting set to take place at the International Maritime Organization in July. The intersessional working group (ISWG) will work on guidelines to ensure consistent imp…
IBIA offers practical advice on tank cleaning to IMO 2020 planning meeting Read More »
Where there’s crisis, there’s also opportunity. As such, prices for tankers are starting to face further downward pressure, which could prove to be beneficial to cash-rich investors. In its latest weekly report, shipbroker Intermodal said that “the tan…
Tanker Market: Ships’ Prices Start to Follow Freight Market Rates to Lower Ground Read More »