The gKNi World Trade Indicator registered 140.7 points at the end of July, 0.6% higher compared to the previous month and 10.2% higher than in July 2017. North America is running at full speed. On the other hand, Europe and emerging markets are benefit…
World trade edges up in July – supported by higher US dollar Read More »
By now, it’s no secret that the tanker market is in dire straits for quite some time. However, according to Teekay, an unlikely “knight in shining armour” could come in the form of the IMO 2020 rule, regarding the use of low-sulphur fuels. In its…
Tanker Market Could Rebound on IMO 2020 Rule Read More »
LSF2020 refers to the new “Low Sulfur Fuel” regulations, which will come into effect on 1 January 2020. These regulations are the biggest of a series of steps by the International Maritime Organisation (IMO) to reduce marine pollution (MARPOL) in respo…
How the new fuel regulations change the entire shipping industry Read More »
In a recent important decision of the Admiralty Court in London, NatWest Markets Plc v Stallion Eight Shipping Co. S.A., in which Watson Farley & Williams acted for the successful party, the Court upheld the longstanding practice of not ordering co…
No Cross-undertakings in Damages for Ship Arrests Read More »
The dry bulk market is still trying to find a new balance, amid China’s economical repositiona and shifting trade patterns. For instance, coal trade routes are changing on the back of stricter rules and the need for low sulphur coal. However, the…
Dry Bulk: Coal Trade Shifting on Sulphur Restrictions Read More »