DNV, the world’s leading classification society, has launched Compliance Planner – a new digital tool that enables DNV customers to easily track the requirements and deadlines of legislation for both individual vessels and entire fleets. As both the nu…
DNV launches new Compliance Planner tool for easy regulatory tracking and compliance Read More »
The freight market for product tankers remains in flux, as many variables are shifting. In its latest weekly report, shipbroker Gibson said that “with the summer holiday season nearly upon us, attention turns to the state of the jet fuel market as it c…
Product Tanker Demand Still in Flux Read More »
Capesize The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The Capesize 5TC opened the week with a relatively paltry $20,933, took some moderate losses early in the week to $19,845 be…
Capesize Market Bounces Back After Dismal Start to the Week Read More »
With over 35% of all S&P sales now conducted using a Sellers “Pre-Sale” Inspection, Idwal say this has changed the way ships are sold. Cardiff based Idwal is no stranger to innovation. Unlike any other inspection company, Idwal owns and develops it…
Idwal’s Pre-Sale Inspection Service Makes Waves Across S&P Sector Read More »
Dirty tanker rates saw mixed movement in May, although they remain at low levels, OPEC said in its latest monthly report for the month of June. The improving US market supported rates on the UK-US route, while very low rates on the Mideast-Asia Pacific…
Tanker Market in Mixed Behavior During the month of May Read More »