In the latest twist in the ongoing collision litigation involving the owners of the Ever Smart and Alexandra I, the Supreme Court has allowed an appeal by Evergreen Marine (UK) Limited on the applicability of the crossing rules (Evergreen Marine (UK) L…
Re-examining the crossing rules Read More »
The crew change crisis caused by COVID-19 restrictions continues to cause challenges, despite some improvement in the numbers, the Secretary-General of the International Maritime Organization has warned. In a statement, Secretary-General Kitack Lim sai…
COVID-19 crew change crisis still a challenge – IMO Secretary-General Read More »
An underwhelming demolition market has been the norm so far this year, despite expectations that a lackluster freight market, mainly for tankers, could increase tonnage sold for scrap. However, this hasn’t been the case so far, not to mention that owne…
Scrap Prices Should Rise in Order To Attract More Tonnage Says Shipbroker Read More »
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be compliant with the IMO 2020 global sulphur cap which came into force on 1 January 2020, overall bunker sales ros…
Scrubber-fitted ships nearly double as fuel spread settles at $118 per MT Read More »
US refinery production has yet to recover from the outages last month, and lower domestic fuel oil production has increased the country’s appetite for imports cargoes. An unusual blizzard and freezing temperatures in the US Gulf Coast knocked out much …
ENGINE: Americas Bunker Fuel Availability Outlook Read More »