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Millions of dollars are invested into the research and trials of systems needed to expand autonomous shipping. The question is: will it pay off?
A Winter season that turned the market upside down is soon coming to an end. All eyes were on product tankers, thinking “would this be the beginning of something beautiful in terms of higher earnings?” No one really paid much attention to what was already in the making in the crude oil tanker sector.
This analysis explains the recent history, updates you on the current state and displays future changes for crude oil tankers.
Commercial disputes and court and arbitration proceedings that follow can be very time-consuming and costly – and can risk damaging an otherwise fruitful business relationship between the parties. This article, based on interviews with shipping experts, explains what alternative dispute resolution (ADR) is and why you should always plan for it in contract negotiations.
Enjoy the ride while it lasts - before over-supply of capacity takes over. Demand: Chinese imports of iron ore and coal have been the dominating factor throughout the year
It can be difficult to determine if shipowners or charterers are responsible for accounting and reporting the GHGs emitted by a ship. This article helps determine where the responsibility for accounting and reporting of GHG emissions from ships lies under different types of charter parties.