With more than 230 sales of bulkers so far in 2019, Greek and Chinese ship owners are dominating proceedings, although with different strategies. Greek owners are looking for modern dry bulk tonnage, which Chinese are more inclined to acquire ships bui…
Dry Bulk Modern Tonnage the “Weapon of Choice” Among Greek Ship Owners Read More »
A wider conflict with Iran would be negative for most types of ships and for the oil markets in general. Fewer ships will transit the Straits of Hormuz. The following analysis focuses on VLCCs, which lift most of the crude cargo volumes out of the Arab…
A potential war with Iran and the impact on trade Read More »
The frequency of port state control taking spot samples of a ship’s fuel oil to verify its sulphur content is expected to increase significantly after 1 January 2020. Our case studies below show how proper onboard procedures and a well prepared and att…
Prepare crews for PSC spot sampling of ships’ fuel Read More »
Ship owners and more specifically tanker owners have been tasked with yet another twist, in their efforts to trade their vessels, after the latest developments in the Strait of Hormuz. In its latest weekly report, shipbroker Allied Shipbroking said tha…
Hormuz Strait Tensions, a Nightmare Scenario for Shipping Read More »
April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand to fall disproportionally. This was because exports to Asia dropped to 3.7 million tonnes from 5.5 million t…
Tonne Miles From US Crude Oil Exports Drop Dramatically In April Read More »