Search results for: geopolitical developments

74 results

A list of search results

  • 15 January 2018

    John Sitilides, Geopolitical Strategist at Trilogy Advisors speaks on geopolitical challenges that lie ahead.

  • 22 January 2018

    Freeport of Riga is to focus on India and Iran as part of its geopolitical developments aimed at increasing cargo levels.

  • 8 December 2020

    ‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep risks manageable and affordable. Erwin van Geyte, Broking Director Aon NetherlandsPeter van den Brink, Industry Director Marine Aon Netherlands Consolidation of insurers We have seen a wave of insurer consolidation in recent years. Where twenty years ago there were dozens […]

  • 10 September 2020

    BIMCO has released an overview of the three main shipping sectors and their respective fleet growths so far this year taking into account the impact of the COVID-19 and other geopolitical developments on the global trade. Bulkers The dry bulk fleet has seen both deliveries and demolitions rise over the course of the pandemic while contracting […]

  • 17 August 2020
    Regulation & policy, Rules & Regulation, Transition, Vessels

    The main fears around the use of the low sulphur fuel as mandated by the IMO 2020 sulphur cap that entered into force in January 2020, such as lack of availability and poor quality of new fuels did not materialize paving the way for a much smoother transition than expected. Availability concerns were quashed with […]

  • 17 August 2020
    Environment, Equipment, Regulation & policy, Rules & Regulation, Vessels

    The share of the containership fleet fitted with scrubbers exceeded that of the crude oil tanker fleet by the start of July 2020, data from BIMCO shows. The world’s largest shipowner association said that containerships with a collective cargo-carrying capacity of 5.3 million TEU are now fitted with a scrubber to remove sulphur oxides from […]

  • 5 August 2020
    Business & Finance, Equipment

    Hong Kong-based dry bulk shipping company Pacific Basin has ruled out further investments in the installation of scrubbers on its ships despite reporting enviable net savings from the technology worth $23.1 million, representing 38% of its original investment. The company decided to fit scrubbers on 28 of its owned Supramaxes back in 2019 in order to […]

  • 6 May 2020

    Crude oil tanker company DHT Holdings has postponed the installation of scrubbers on five of its ships, leaving the ships to trade for a while longer and reap fruit from a strong tanker market. The company currently has 13 ships fitted with scrubbers out of the planned 18 very large crude carriers set to be […]

  • 24 April 2020
    Business & Finance

    The world’s largest owner and operator of very large crude oil carriers (VLCCs) Bahri reported a massive jump of 133.77 percent in its profit for the first quarter of 2020 despite COVID-19 challenges. The company’s net profit after tax reached SAR 419.22 million (USD 111 million) from SAR 179.33 million recorded in the same period […]

  • 3 April 2020
    Business & Finance, Outlook & strategy, Vessels

    Saudi Arabia’s decision to flood the market with crude oil at a time when demand is in doldrums amid coronavirus pandemic is about to create a massive supply-demand imbalance, says BIMCO’s Chief Shipping Analyst, Peter Sand. Liquid fuels production and consumption will be imbalanced during much of 2020 with total production estimated at 102.2 million […]

  • 18 December 2019

    Sand: One of the most worrying trends that has developed recently is the falling trade-to-GDP ratio.

  • 20 November 2018

    Multiple factors contributing to tanker recovery, but sustainable recovery is yet to materialize.

  • 6 January 2016

    The shipping industry is to remain volatile and indispensable in 2016, international accountant and shipping adviser Moore Stephens says. According to Moore Stephens shipping partner Richard Greiner, the dry bulk sector will probably have to reduce the newbuilding orderbook and increase ship recycling in 2016 in order to restore the balance, instead of blaming China’s insufficient […]

  • 16 April 2014

    Liquefied Natural Gas (LNG) has the potential to turn the natural gas market into a truly global one, thus allowing natural gas to play a full role in transforming the energy system to underpin a sustainable future, the United Nations Economic Commission for Europe (UNECE) said in a statement. In addition, in view of the uncertainties […]

  • 17 August 2020
    Authorities & Government, Vessels

    The United States has seized fuel from four oil tankers reportedly carrying fuel shipments from Iran destined for Venezuela, the U.S. Justice Department said. The fuel was allegedly shipped by the Islamic Revolutionary Guard Corps (IRGC), designated by the U.S. as a foreign terrorist organization. The operation was part of the U.S. efforts to enforce […]

  • 10 March 2020
    Business & Finance

    Oman Shipping Company has signed a deal to acquire two Ultramax vessels.

  • 20 February 2020
    Business & Finance

    Maersk managed to improve earnings and free cash flow in 2019.

  • 9 January 2020
    Business & Finance

    Perobras ships will avoid transit through the Strait of Hormuz.

  • 18 November 2019

    The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, according to energy intelligence firm Rystad Energy.

  • 11 November 2019
    Business & Finance

    A lack of demolition activity has been one of the key developments in tanker supply this year.

  • 11 November 2019
    Business & Finance, Rules & Regulation

    The uncertainty of the upcoming IMO 2020 sulphur cap regulation is having a big impact on the bunker market.

  • 31 October 2019

    Maritime transport sails stormy seas against political and structural headwinds.

  • 2 July 2019

    OPEC members have agreed to extend the voluntary oil production cuts for another nine months, with the aim to keep the oil prices “stable,” with Russia also supporting the extension.

  • 8 May 2019

    VesselsValue, ViaMar released forecasted asset values until 2022 for four major ship types.

  • 30 January 2019
    Business & Finance

    Wärtsilä Corporation is planning to cut 1,200 jobs on a global scale as part of its business realignment.