This update is in response to the recent changes in Greek environmental law and the higher pollution fines that are now being imposed by the authorities. The intention of this update is to enhance Members’ awareness and provide some practical tips shou…
Greece: Increased pollution fines Read More »
The US crude oil export market is fast becoming a major one for tankers. In a recent report, shipbroker Banchero Costa said that “driven by the shale oil boom of the last decade, the United States have rapidly increased both the production and the expo…
The US Crude Oil Factor in the Tanker Market Read More »
With 25% tariff on LNG still in play, the Phase-1 deal between the US and China is not expected to bring any significant change in the LNG trade between the two countries. However, with China requiring additional LNG supplies in the coming years, the U…
US-China Phase-1 deal brings limited cheer for LNG shipping Read More »
The world is interconnected through global trade on the basis of a transportation industry. And, it will continue to grow, with a predicted rise of nearly a third in seaborne-trade towards 2030, and with increases in tonne-mileage up to 74,000 billion …
The Good, the Bad and the Ugly: Unmanned Ships Read More »
The tanker market is having to cope with yet another Libyan crisis and its effect in the flow of crude oil cargoes from the Northern African country. In its latest weekly report, shipbroker Gibson said that “yet again, global crude production has taken…
Tanker Market: The Libyan Effect Comes to the Fore Once More Read More »