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Business case: Marine gas oil or scrubbers when operating in an ECA?

24 April 2013

Shipowners are faced with a number of important decisions in terms of investment and trading if they want to do business within the future sulphur limits of Emission Control Areas (ECAs). The deciding factors influencing the investment decision for installation of a scrubber are the fuel cost spread and the time spent in an ECA. In this article, BIMCO has tried to abridge the issue to facilitate decision making.

ASBAGASVOY

04 February 2021

ASBAGASVOY is a charter party for the gas tanker trade jointly authored by BIMCO and ASBA. It is based on, and follows the sequence of, ASBATANKVOY which for many years has been used for gas tanker fixtures, but introduces gas specific terminology. ASBAGASVOY replaces ASBATANKVOY clauses which pertain to the traditional product tanker trades. The charter party has been developed for both refrigerated and pressurised liquefied gasses such as LPG and petrochemicals. Copyright in ASBAGASVOY is held by ASBA. Optional Additional Clauses have been developed for possible use with ASBAGASVOY. The primary focus of the Optional Additional Clauses is on vessel presentations for petrochemical gases. Other clauses are included because they are often used in gas fixtures.

Newbuilding report dated 8 June 2021

09 June 2021

The newbuilding market activity has been busy during the past days with Gas carriers’ units stealing the spotlight for another week. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.