Tanker Shipping & Trade
10-year-old VLCCs can sell for US$49 million
10-year-old VLCCs can sell for US$49 million
Tanker Shipping & Trade June/July 2014
A new order of VLCC owners has arisen. Investors have responded to calls for finance for vessel acquisitions, sensing that earnings can only move up in the current circumstances. The plethora of ...
Do pooling arrangements outperform the market?
Do pooling arrangements outperform the market?
Tanker Shipping & Trade June/July 2014
Do those who set up pool arrangements truly strive for what the finance world likes to call ‘Alpha performance’ maximum operational efficiency and maximum returns? Or are pool operators ...
Energy flow studies improve tanker operating efficiency
Energy flow studies improve tanker operating efficiency
Tanker Shipping & Trade June/July 2014
Hullform and propulsion systems can be optimised using computational fluid dynamics (CFD) to improve the fuel efficiency of crude carriers. Designers are also considering the optimal combination of ...
Owners have carved a niche in clean trades
Owners have carved a niche in clean trades
Tanker Shipping & Trade June/July 2014
Product trades are the Italian tanker fleets’ strongest suit. Mediterranean, northern Europe and the Baltic are the primary routes served although pooling arrangements mean Asia and Middle East ...
Shipmanagement seen as a pathway for growth
Shipmanagement seen as a pathway for growth
Tanker Shipping & Trade June/July 2014
Beijing now promotes Hong Kong as a major maritime shipping centre. The chairman of the Hong Kong Shipowners Association (HKSOA) is Kingsley Koo, who is also a director of Valles Steamship. While ...
Alfa Laval expansion fuelled by the tanker industry
Alfa Laval expansion fuelled by the tanker industry
Tanker Shipping & Trade June/July 2014
Swedish tanker operator Stena Bulk is expecting to benefit from a technology that recovers usable fuel from waste oil, reducing fuel costs on its latest newbuildings. The technology is Alfa ...
Sanity and sanctuary needed on refuge response
Sanity and sanctuary needed on refuge response
Tanker Shipping & Trade June/July 2014
Resolving the operational issues presented by the legal regime governing requests for refuge is one of our industry’s most intractable problems. These issues can be divided into two broad ...
Ballast water impasse is inspiring novel solutions
Ballast water impasse is inspiring novel solutions
Tanker Shipping & Trade June/July 2014
The global market for ballast water treatment equipment is expected to grow to $8.5 billion by 2018, according to analysts BCC Research, and to register a five-year compound annual growth rate of ...
US requirements still confound the industry
US requirements still confound the industry
Tanker Shipping & Trade June/July 2014
The pivotal question when it comes to the International Convention for the Control and Management of Ships’ Ballast Water and Sediments, more commonly known as the Ballast Water Management ...
The ‘Mercedes’ of small product/chemical tankers
The ‘Mercedes’ of small product/chemical tankers
Tanker Shipping & Trade June/July 2014
When OW Bunker cancelled an order for two sophisticated 8,000 dwt product/chemical tankers at the now defunct Chinese state-owned Zhengjiang Sopo Shipbuilding, South End Tanker Management, led by its ...
navigation separator
navigation separator