There is a popular Brexit account on Twitter that tweets every sixty minutes how many hours are left before the UK is due to leave the European Union on 29 March this year. The numbers on this countdown clock are already well into three figures at the …
Brexit and Shipping Read More »
The Aframax tanker market seems to have taken the biggest hit during February, when it comes to average spot rates, as per the data from the latest monthly report from OPEC, issued this week. According to the report, following the same trend seen in th…
Tanker Spot Market Declined by 18% in February: Aframaxes Took the Biggest Hit Read More »
On 4 February 2019 the European Commission (EC) tabled a proposal concerning the amendment of Regulation (EU) 2015/757 on the monitoring, reporting and verification of carbon dioxide emissions from maritime transport (the “EU MRV Regulation”). The main…
Shipping and carbon: EU and IMO systems to align Read More »
As mature auto markets peak and OEMs ramp up new technology investment, car carrier shipping volumes are likely to benefit. Honda’s recent decision to cease car production at its Swindon UK plant and supply European car markets from Japanese factories …
Localisation and rationalisation to boost car carrier shipping volumes Read More »
The prospects for a swift and sustainable recovery in the dry bulk market, seem to be diminishing, at least for the time being. In its latest weekly report, shipbroker Allied Shipbroking said that “in the midst of troubled conditions for the dry bulk m…
Dry Bulk Market: Future Prospects Don’t Seem to Point Upwards Read More »