“Time is fast running out” for implementation by IMO Member States of the 0.5% global sulphur in fuel cap by 1 January 2020, says Esben Poulsson, Chairman of the International Chamber of Shipping (ICS). The IMO global sulphur cap for marine fuel is exp…
“Time is Fast Running Out” for Global Sulphur Cap says ICS Chairman Read More »
The impact of Venezuela’s reeling oil industry on trade patterns on the tanker market has been well documented since the country’s “fall from grace” a few years back. Things are once again heating up, bringing shifts on the freight market. …
Tanker Market and Venezuela: Again… Read More »
Highlights: The Panamax index remains in bearish territory and is now looking to test the long-term range support. The RSI and Stochastic are signalling a trending environment and we will need to see price action make a new high for the technical to be…
Dry Bulk FFA: Panamax Index Still Bearish Read More »
Eletson Corporation is leading the way in adopting cutting-edge technology to improve the lives of their seafarers and increase payroll efficiencies. The introduction of Brightwell’s cashless facilities for masters and crew reduces the need for cash on…
It’s been a mixed bag for the tanker markets this week, but more upside could be on the way. In its latest weekly report, shipbroker Affinity Research said that “in Suezmax markets, the TD20’s dramatic collapse was perhaps halted by busy WAF & Amer…
Shipbroker Sees Upwards Correction on VLCC Rates Read More »