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EU Parliament, Council Reach Deal on EU ETS

15.11.2017

The European Parliament and Council have today reached a provisional agreement to revise the EU Emissions Trading System (EU ETS) for the period after 2020. This revision is expected to help the EU to achieve a significant part of its commitment ...

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Greek Shipping Leads the Way

15.11.2017

“We must free ourselves from the hope that the sea will ever rest. We must learn to sail in high winds.” – Aristotle Onassis It is nearly a decade since the global crisis began, and despite the ongoing austerity and economic uncertainty in Greece, Greek shipping has ...

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Ban Carriage of Non-Compliant 2020 Bunker Fuel: ICS – Ship & Bunker

03.11.2017

An International Chamber of Commerce (ICS) proposal to ban to the carriage of non-compliant bunker fuel prior to the 2020 0.5% sulfur cap coming to force will be put to the International Maritime Organisation (IMO).

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Dry Bulk Market at Peak Level

02.11.2017

The dry bulk market’s recent corrections seem to be helpful for the latest rally to “sink in” and for the restoration of the market’s balance and a rethinking of the prevailing fundamentals. However, according to Allied Shipbroking, the metals’ prices rally ...

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BIMCO: 45 More VLCCs Needed to Back China’s Crude Oil Demand Growth

01.11.2017

Chinese crude oil demand needs 45 additional very large crude carriers (VLCCs) to support growth in imports of seaborne crude oil, according to BIMCO’s estimates.

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