In just 16 months’ time, the industry will face one of the biggest shakeups in bunker standards since oil was used as fuel. To be able to comply with IMO 2020, Read More...

Many are making the most of the summer months, enjoying long holidays while schools are closed and are taking advantage - especially in typically cooler climes like the UK – of the heat wave. Read More...

Free trade has led to the significant expansion of shipping goods around the world. However, the current global trade wars could potentially harm not only local economies and international relations, Read More...

This month President Trump withdrew from the nuclear peace programme because he says Iran weren’t making the changes agreed upon in the deal. The Joint Commissions Plan of Action was signed by the USA, the European Union, Russia, China in 2015 whereby Iran agreed to limit its nuclear development programme in return for the end of economic sanctions. Read More...

Since last month, there has been more discussion on the impact shipping fuel oil has on the environment and the necessary regulations that need to be implemented for the maritime industry to do its bit. The Marine Environment Protection Committee (MEPC) met for the 72nd session two weeks ago to discuss the climate change strategy for shipping. Read More...

With the sulphur cap date fast approaching, and amid the on-going debate on suitable technology and appropriate system, it appears that less than 1% of the global merchant fleet is currently equipped to handle the upcoming emission regulation.​ During the recent Asia Pacific Maritime event in Singapore, Read More...

The biofuels debate continues to be a hot issue and the movement of it has, and always will be driven by politics. Last month saw the European Parliament announced its decision to phase-out the use of palm oil in biofuel by 2021 dropping the permitted level of crop-based biofuels that can be used to the member states’ 2017 consumption levels, Read More...

2017 was the year that saw Traders, Shipowners, Charterers and Shipbrokers in an increasingly competitive market, where supply outweighed demand and geo-political uncertainty, coupled with other uncertainties left the market feeling less than optimistic at the turn of the year.​ Read More...

These are interesting times for the recycling industry as we turn the final corner towards the end of the year. Market sentiment in the ships demolition segment remains a big unknown, as the lack of tonnage is coupled with a general apathy from cash buyers. But while uncertainty remains, rising freight rates reveal interesting insights. Read More...

The market was left very quiet in Europe at the beginning of October as almost 3,000 chemical market players attended the 51st EPCA in Berlin. Current tepid market conditions did not dampen the mood at the conference, which was remarkably upbeat considering. Read More...