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Lay-ups loom in the dry freight market
I stare out my office window on the 23rd floor and there they are, stretched out as far as my eyes can see, dry bulk vessels sitting pretty in the Singapore strait. Although each vessel is of a...
View ArticleRomance of the high seas strong in shipping industry hearts
“There is nothing more enticing, disenchanting, and enslaving than the life at sea”. So said renowned Polish-British writer Joseph Conrad in his controversial 1900 novel, Lord Jim. Sailors from decades...
View ArticleThe Great Masquerade of Shipping at Posidonia 2016
Shipping is a curious industry. It is a marketplace where massive deals concerning the movement of millions of barrels of oil on behemoth ships can be made over a third pint of Peroni at the local pub....
View ArticleHanjin Shipping’s demise no surprise to Platts Ocean Intelligence chief
IF ONLY… Hanjin’s demise hardly came as a crashing surprise to Platts Ocean Intelligence chief Jason Silber. Consider the following: “Hanjin…is undergoing a restructuring…results for FY 2013 and 1Q FY...
View ArticleUnlikely humanitarians – shippers returning to Libya face a tough moral dilemma
A surge in Libyan oil exports — production has increased sharply in the past few months, jumping to four-year highs of over 1 million b/d this month — is seeing more and more oil tankers travel to and...
View ArticleShipping’s sulfur cap conversation moves on from the IMO
As the shipping industry continues to assess the likely impact of the International Maritime Organization’s new 0.5% sulfur cap in 2020, the conversation has started to move on to what other...
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