Capesize Little changed for the Capesize market over this past week as fixing levels continue to provide meagre earnings for owners across all routes. Vessel demand continues to be grim and this has led many to sit idle in strategic locations, awaiting…
Dry Bulk Market: Capesizes Still Suffer from Low Rate Environment Read More »
As the vast majority of the shipping community will already be aware, on 1 January 2020 the new sulphur content limits in Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL) came into effect. These new limits re…
IMO 2020’s new sulphur emissions cap introduced Read More »
With China’s oil demand being the main concern for the tanker market these days, it’s worth taking a look at how one of the biggest markets for the tanker industry, shaped demand during 2019, but also during the first couple of months of 20…
Tanker Sailings to China Down by Double Digits Read More »
The Open Simulation Platform Joint Industry Project (OSP), founded in 2018, addresses the challenge of testing new and advanced vessel systems before they are installed on board. The project was initiated by DNV GL, Kongsberg Maritime, the Norwegian Un…
Open Simulation Platform – the next generation of digital twins Read More »
Looking from the outside, it has not been a week for rejoicing in US oil market. Or stock markets. Or freight. Or anything really. We have come back slightly from the terrible lows of last week, but it’s still more of a grimaced smile like pretending t…
Supercalorfragilisticexpealishale Oil Read More »