09 September 2020
Despite lower demand because of the pandemic, carriers have achieved high freight rates and profitability in the first half of the year through large-scale capacity reductions and low bunker prices.
08 September 2020
A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil production and demand sets in across the globe.
08 September 2020
After the sharp and sudden shock of the pandemic, the economic recovery has begun and it is clear that it will be drawn out and uneven, both geographically and by sector. Though China has returned to growth, most other countries are lagging behind.
01 September 2020
To facilitate crew changes in a safe manner and against COVID-19 risks, Singapore revises crew change requirements and sets up Crew Facilitation centre from 1st September 2020.
06 August 2020
Over a series of meetings, the drafting committee developing the new BIMCO term sheet for ship sale and leaseback transactions has considered input received from industry experts. The term sheet is now ready to be presented to the Documentary Committee for adoption.
05 August 2020
Providing the latest requirements affecting the major crew change hubspots.
28 July 2020
China is set to sign a deal that will see $400 billion invested in Iran over a 25-year period. The deal will include massive infrastructure projects, large scale spending on defence and closer ties between the two countries.
Weekly tanker market report by Gibson Shipbrokers.
03 July 2020
Currently, four sulphur emission control areas (ECAs) are designated under MARPOL Annex VI. In addition, national sulphur emission control areas s have been designated in some countries.
02 July 2020
Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis.
16 June 2020
Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year.