Demolition activity in Southeast Asia has tumbled over the course of the past few weeks. As a result, tonnage overcapacity still remains to be addressed. In it latest weekly report, shipbroker Clarkson Platou Hellas said that “we witnessed yet another …
Demolition Activity Still Far From Perfect to Have an Positive Impact on Freight Rates Read More »
Large shipping losses have declined 38% over the past decade, according to Allianz Global Corporate & Specialty’s (AGCS) Safety & Shipping Review 2018, with this downward trend continuing in 2017. Recent events such as the collision of the oil …
Confusion about whether the existing ISO 8217 marine fuel quality standard will cover fuel blends produced to meet the 0.50% sulphur limit has, hopefully, been cleared up at last week’s meeting at the International Maritime Organization. Concerns about…
Considerations on the safety of 2020 fuel blends addressed at IMO meeting Read More »
The newbuilding market has been gearing up for the summer lull, as vacations near and ship owners are reluctant to commit more capital, amid a trade war of global proportions. In its latest weekly report, shipbroker Allied Shipbroking noted that it was…
Newbuilding Activity Quietens Down Read More »
There appears to be significant support among IMO member States to ensure consistency in fuel oil testing and verification procedures for the verification of compliance with MARPOL Annex VI sulphur limits through regulatory amendments. The intersession…
IMO working group makes progress on sulphur testing and verification issues Read More »