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Tanker market report dated 6 July 2018

11 July 2018

One of the most hotly debated subjects in the shipping markets this year has been the approaching IMO global sulphur cap of 0.5% on marine bunker fuels in 2020. In particular, a lot of discussions have been focused on scrubbers. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 19 October 2018

23 October 2018

Not so long ago, a lot of tanker and dry cargo owners had been fiercely opposed to the installation of exhaust gas cleaning technology. However, the attitude is rapidly starting to change. Following a surprise announcement by Frontline and DHT a few months ago to install scrubbers on their fleets, we have seen a notable increase in other owners committing to the installation as well.  The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

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.