01 April 2019
Over the past few weeks, MRs trading out of Europe have continued to outperform expectations. In recent years, such volatility has typically been driven by erratic buying from West Africa, or stronger demand in Latin America. Volumes destined for the United States have rarely been a driver of volatility, generally ticking over at a steady and predictable pace. However, a combination of both anticipated and unanticipated events has temporarily shifted the dynamic in the Atlantic product tanker market. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
02 May 2024
In a unique cooperation between a BIMCO and the CBS Blue MBA Alumni Association, we present a new and unique learning experience. The Ship Management Academy is a comprehensive and intensive course designed to equip participants with the essential knowledge and skills required in the dynamic world of ship management. This program covers various topics, ranging from the commercial context of ship management to the intricacies of operational excellence and the latest advancements in the maritime industry. From the outset, participants will explore the fundamentals of ship management, exploring its history, core stakeholders, and the role of a ship manager as both an asset and risk manager. They will examine the competitive landscape and crucial aspects like reputation, performance, and relations management. The programme concludes with insights into the global maritime industry, geopolitical trends, and the expectations of shipowners, cargo owners, and operators. Next, participants will explore principles in ship management, legal aspects, and vessel operations, emphasising the importance of customer-centric approaches, organisational structures, and the need for scale and efficiency. Practical sessions, including case studies, provide participants with hands-on experiences, such as analysing the business case for outsourcing ship management services. The program also covers regulatory frameworks, energy efficiency measures, and alternative fuels, reflecting the industry's commitment to environmental sustainability. It explores performance management, key performance indicators (KPIs), and the role of digitalisation in enhancing service delivery excellence in depth. A significant part of the program is dedicated to exploring emerging industry trends, such as environmental, social, and governance (ESG) considerations, insurance, financial management, and controlling. Participants engage in case studies that are directly related to these trends, including PNI, salvage management, and various aspects of financial management and procurement. Throughout the program, participants benefit from practical sessions, case studies, and diverse topics, ensuring a well-rounded understanding of ship management's complexities and the tools necessary for success in this multifaceted industry. Upon completing the entire programme, all participants can take an online test and receive a certificate of Completion issued by BIMCO.
11 June 2018
Where to position tonnage has always been a key question for tanker owners. Having exposure to the right market can make the difference between a profitable or a loss making voyage. In the dynamic product tanker market, choosing the right place to be, at the right time can be even more challenging. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
16 November 2020
The International Maritime Organization (IMO) has held its latest Maritime Safety Committee (MSC) meeting (MSC102), virtually due to COVID-19 restrictions, during which it adopted a number of mandatory requirements, including one relating to mooring and safety.
