Bunker fuel oils are tight in several bunker locations across parts of the US Gulf Coast, Panama and South America this week. Availability of bunker fuels is good in Houston, but tight in several other US Gulf Coast bunker locations. A drydocked barge …
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
The US Court of Appeals for the 11th Circuit (one of several US regional federal courts of appeal) in a recent decision involving a commission claim made pursuant to a mega-yacht sales contract has reinforced the enforceability of broad arbitration cla…
Broad foreign arbitration clauses are enforceable in the US Read More »
The ships’ recycling market has sustained a halt over the past days, as a result of Ramadan holidays and the raging pandemic in India and large parts of Southeast Asia. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “having en…
Lockdowns Hinder the Demolition Market Once Again Read More »
LSMGO and HSFO380 supply has tightened in ARA this week, while VLSFO remains in good supply in the bunkering hub. Several suppliers seeing delayed resupply of LSMGO in ARA and some have set 27 April as their earliest delivery date for the grade. Loadin…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority of Singapore (MPA), has submitted its recommendations to the Singapor…