What the Marine Environment Protection Committee (MEPC) and the working group accomplished last week, was to finalise and agree on a set of procedures for assessment of impact on states from the proposed short-term measures. An important stop block has…
IMO-Meeting Was Not A Missed Opportunity Read More »
The Iranian sanctions is yet another factor to be considered in the tanker market these days. The repercussions are far and beyond, especially after the latest move by the US to end all waivers, in an attempt to achieve its goal of zero Iranian oil exp…
Tanker Market: India crude oil imports outlook amid U.S. Sanctions Read More »
As from December 31, 2021, banks will no longer be compelled to provide LIBOR quotations. This means that the market’s most common method of setting interest rates will be discontinued. This change will have broad implications, affecting loan agreement…
LIBOR discontinuation: Is the shipping finance industry ready? Read More »
Air Pollution and Energy Efficiency Draft amendments to MARPOL Annex VI. The Committee approved amendments to regulations 1, 2, 14, 18, 20 21 and appendices I and VI of MARPOL Annex VI, with a view to adoption at MEPC 75, which: a. Provide definitions …
ABS: Air Pollution and Energy Efficiency Read More »
Tanker owners are having to cope with one of the most tense and complex geopolitical situations of recent times, when it comes to trading their fleet of vessels. Needless to say that uncertainty is prevailing at the moment. In its latest weekly report,…
Tanker Markets In Geopolitical Peril Read More »