In its latest weekly report, shipbroker Intermodal said that “following the COVID19 pandemic we’re at last facing some solid improvement on oil market fundamentals. Since Jan 2021, crude oil prices slowly started to climb the ladder lagging the rally i…
Tankers: Oil Market Fundamentals Finally Turning For The Better Read More »
In the run up to the UN climate conference – “COP26” in Glasgow, we are pleased to share guest author – Haris Zografakis’ thoughts on the need for a new contractual structure in shipping to immediately reduce GHG emissions rather than simply wait…
The third pillar: a contractual architecture for maritime decarbonisation Read More »
In 2018, recognising that ships are one of the major contributors to global carbon emissions, the IMO (the International Maritime Organization) formulated a strategy for Greenhouse Gas (GHG) reductions in shipping. They expressed their vision in writi…
MARPOL Annex VI: Ship decarbonisation – IMO strategy of 2018 Read More »
A potential rise in the utilization of the huge Vaca Muerta field in Argentina could bring significant gains in the Aframax and Suezmax tanker market. In its latest weekly report, shipbroker Gibson said that “an often-overlooked part of the global shal…
Capesize The Capesize market was in dire straits this week as tonnage levels were heard to be building while many areas had minimal activity as the 5TC dropped -15,398 to $36,065 week on week. The Pacific Basin was under pressure earlier on in the week…
Dry Bulk Market: Capesizes In Dire Straits This Week Read More »