The English Appeal Court has concluded cargo underwriters are not excused from contributing in general average towards a ransom payment, notwithstanding the fact the voyage charterers contributed under the terms of the charter towards the additional wa…
The Polar – Reading between the lines Read More »
The tanker market ended year in lackluster mode, as rates were in downward trend for most classes. In its latest weekly report, shipbroker Affinity Research said that “despite the improvement in sentiment and momentum towards the end of last week, the …
Tanker Markets In Lackluster Mode Read More »
It is the time of the year when analysts and others take their crystal balls out of the closet for the annual dusting off. A new year with unwritten pages beckons, with yet unknown challenges and opportunities. The year soon to be consigned to the hist…
A Lost Year for Tanker Owners – Will 2022 Rates Offer Some Relief? Read More »
– VLSFO tighter in Singapore – HSFO380 tighter in Fujairah – ARA gasoil stocks recover from seven-year lows, LSMGO still tight – Gibraltar Strait suppliers almost clear backlogs – All grades tighter across major US ports S…
ENGINE: Global Bunker Fuel Availability Outlook Read More »
European energy prices have surged to new highs this week following disruption to Russian natural gas supply and a corresponding rise in storage withdrawals, with LNG cargoes now being diverted away from Asia and towards the market. German imports of R…
Asian LNG diverted to Europe after bullish energy price surge Read More »