LATEST NEWS

Shipping Disruptions Expected on Tanker Market

2020-02-11

The effects of the coronavirus are soon to be felt hard in the tanker market as well, with disruptions expected to reap havoc in the wet segment’s supply chain, not to mention the scheduled drydocks and retrofittings. In its latest weekly report, shipbroker Gibson said that “just over two weeks ago China imposed a lockdown in Wuhan and other cities in Hubei province in an effort to contain the spread of the deadly coronavirus outbreak. Since then, further quarantines have been put.....

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Fuel Industry must work to reduce shipping’s black carbon and CO2 emissions

2020-02-11

Responding to last week’s collective and individual responses from the co-authors of the Joint Industry Guidance on “The supply and use of 0.5% -sulphur marine fuel” including IBIA, Concawe and others, the 18-member Clean Arctic Alliance has published an open letter to industry requesting that not only should individual organisations and companies take responsibility for ensuring that their fuels to not lead to further pollution, but that they should actively work to limit t.....

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