Let’s offer our support, loud and clear, to Captain Andrzej Lasota, late of the bulker UBC Savannah, currently incarcerated in a Mexican prison and a victim of the most disgraceful behaviour by the authorities of that country.
Any navigator with more than a few month’s experience knows that when the wind is forward of the beam, it affects the speed of the ship. So if you wish to maintain the speed in such conditions, you need to use a bit more fuel.
With the advent of IMO 2020, a set of new proposed regulations from the US Environmental Protection Administration (EPA) have the potential to sow seeds of confusion in the supply chains for fuel to be used on deepsea ships.
A discussion on the perennial topic - the $200bn question of where is the capital for shipping needs – turned into a lively sparring match between top executives at last week’s Marine Money Ship Finance Forum in New York.
The push towards ESG (Environment, Social and Governance) in investing sees a split between “Vice” and “Virtue”. In a big eyeopener for the industry Peter Hermanrud, chief strategist at Sparebank 1 Markets, links shipping stocks to “Vice Shares”...