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The original guidance for compliance with Ballast Water Management (BWM) regulations needs further clarity and explanation.This update has been issued in response to hundreds of extension requests and dozens of questions received by the USCG.
The ending of the monsoon has focused increased attention on the piracy issue and thus also the costs of piracy.
Can tankers escape the doldrums and unleash cramped demand on the back of higher oil demand?
All the talk and rumours in the industry and in the press about ship orders being cancelled, delayed or postponed is beginning to show in the order book
Peter talks to Gibraltar Shipping providing more insight on his role and views on current shipping trends.
Strong export figures from China prove that the global economy is out of the emergency room and has been moved into the recovery room
The upcoming winter season could be a very welcome time-out from sub-USD 10,000 per day markets for both crude and product tanker markets. BIMCO forecast that freight rates for VLCC will firm as the winter season
One year ago the dry bulk orderbook stood at 276 million DWT – today it totals at 277 million DWT. As if the dry bulk orderbook wasn’t large enough back then
China is still growing but at slowing pace according to latest PMI indices, which suggest a cooling of the manufacturing sector is ongoing
At first recovery needs to be sustainable – then tightening of public stimulus needs to be coherent and must not take place too soon
