The last quarter of the year has not started well for tanker owners. Spot rates on key routes are hovering at around breakeven, demand on major routes looks set to remain weak for some time, and there are prospects of more oil being pumped into a...
The new green recycling facility proposed for Saldanha Bay in South Africa may give owners another option sometime in the future, but for the moment, recycling end-of life ships in today’s multi-tier market is a major headache for ship operators.
Shipping can throw some pretty difficult scenarios at the people who work in it, ever more so a year that has a global pandemic, and the virtual version of the US annual Association of Ship Brokers and Agents (ASBA) conference, role played...
It’s 2020 and everything has gone online, including ship naming ceremonies, and yesterday for the first time I attended one virtually for the LNG bunker tanker FueLNG Bellina. So, what was it actually like?
In a recent editorial headed ‘The slow death of Big Oil has now begun’, the Financial Times described how BP’s chief executive, Bernard Looney, wants the company to cut production of oil and gas by 40% over the next decade.
This Thursday, as the Secretary-General of the United Nations addresses the General Assembly in New York, there is a whole grim list of Covid-19 related issues that he cannot avoid. But few are so pressing as what has become known as the “Maritime...
Sanctions on trade have become a critical component in the toolkit of US foreign policy professionals, with the shipping business, at all levels, increasingly caught in the crosshairs.
When did you last have a day off, enjoy a free weekend or the extra bonus of a public holiday? In the case of most of us, it wouldn’t be so far back that we could barely remember it.
