Proposals for global tax reform have the potential to undermine the tax policies applied to shipping. • The OECD, with increasing support from the G7, plans radical reform of taxation of large multi-national companies; • The introduction of a “global m…
A Global Minimum Tax Rate – How Special is Shipping (and Does Anyone Care)? Read More »
A new and promising fuel sector, the so called synthetic fuels, could provide an additional support to the tanker market by the end of the decade. In its latest weekly report, shipbroker Gibson said that “if you own a Porsche or you like Formula 1, the…
Could Synthetic Fuels Create a New Market for Tankers? Read More »
Capesize The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The market was at a similar level only back in late March / early April where the 5TC found som…
Dry Bulk Market: Capesizes Find New Levels of Support Read More »
In spite of errors and weaknesses the AIS in combination with low orbit satellites and affordable connectivity with low latency, will create a land of opportunity for the marine traffic and commercial shipping. The race has already started, so therefor…
AIS and the Main Categories of AIS Challenges Read More »
The tanker market is still expected to face some headwinds moving forward, but as the global economy recovers, so will oil demand. In a recent market analysis, ship owner Teekay Tankers said that “crude tanker spot rates remained under pressure during …
Tanker Market Facing Short-Term Challenges, But Outlook Still Positive Says Ship Owner Read More »