On 7 May 2018, the Commission Implementing Decision (EU) 2018/684of 4 May 2018 amending Implementing Decision (EU) 2016/2323 to update the European List of ship recycling facilities pursuant to Regulation (EU) No 1257/2013has been published on the Offi…
The European Commission has updated the European List of ship recycling facilities Read More »
Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new ship holding company. The three partners hold an equal share in …
Gunvor Group, Oceangold Tankers and Maas Capital Form ClearOcean Tankers JV Read More »
The tanker market has been facing the doldrums for quite some time now. But if one could attempt to find a silver lining in the market since the start of 2018, this would be the Aframax segment in the North Sea. In its latest weekly report, shipbroker …
Aframaxes in the North Sea the Silver Lining of the Tanker Market Read More »
The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) urgently resolves some serious issues concerning the successful implementation of the 0.5 percent sulphur in marine fuel cap…
Sulphur Cap Chaos in 2020 Warn World’s Shipowners Read More »
The acquisition of the Songa Bulk fleet by Star Bulk provides their new owners with a fleet renewal opportunity in the strong Panamax bulk carrier market. Spot market earnings for ships of this size have been moving steadily upwards since the start of …
Panamax Synergies Realised Through Asset Plays – Star Bulk Wows the Market Read More »