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The run up to the implementation of the new IMO rules on marine fuels from 1st January 2020 had owners and charterers analysing the various fuelling options. The weekly tanker market report by Gibson Shipbrokers.
The exuberance displayed during the final few weeks of 2019 and the onset of 2020 has showed no signs of abating, with several increasingly impressive sales taking place at ever increasing numbers. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The Panama Maritime Authority (PMA) will continue to extend the Seafarer's Employment Agreement (SEA) until 14 September 2020. Thereafter, the provisions of the Maritime Labour Convention, 2006 (MLC,2006) as incorporated into the national legislation will have to be complied with.
Chinese iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020.
Tonne mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020.
Join Peter Sand at the Argus Fuel Oil Summit in Miami, Florida, US. The Chief Shipping Analyst will be participating in the panel discussion: 2020 is rapidly approaching – are shipowners prepared?
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