Newbuilding ordering activity is gaining pace over the course of the past few days, as ship owners are looking to push forward with their fleet modernization and expansion plans. In its latest weekly report, shipbroker Allied Shipbroking said that “wit…
Newbuilding Orders Gather Momentum After Summer Lull Read More »
The world of bunkers is heading for rapid and fundamental changes and not just because of the 0.50% sulphur cap in 2020. While IMO and stakeholders are working hard to deal with this unprecedented global fuel specification change, discussions have move…
Marine Bunkers: The end of the world as we know it Read More »
Introduction A recent English Court of Appeal decision provides important guidance on the applicability of charterparty time bar provisions to letters of indemnity (LOIs). Given the frequent use of LOIs in the shipping industry, this legal decision wil…
VLCC tanker owners – at least some of them – seemed to breathe a sigh of relief over the course of the past week, but questions regarding the long-term prospects of the market, still linger. In its latest weekly report, Affinity Research said that “the…
A sigh of relief for VLCCs: Temporary or Not? Read More »
DNV GL – Maritime has released its second Maritime Forecast to 2050, part of a suite of Energy Transition Outlook (ETO) reports launched today in London. The Forecast provides an independent forecast of the maritime energy future and examines how…