Decarbonisation discussions hit choppy waters at the IMO

Decarbonisation discussions hit choppy waters at the IMO
The 83rd session of the IMO’s Marine Environment Protection Committee (MEPC) in April this year marked a pivotal moment in our industry’s journey towards decarbonisation. Tasked with finalising the so-called mid-term measures needed for international shipping to...
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Panama tightens oversight on oil transfer operations

Panama tightens oversight on oil transfer operations
In a move aligned with the standards of the International Maritime Organization (IMO), Panama has strengthened its requirements for ship-to-ship (STS) oil transfer operations involving tankers registered under its flag. The objective: to shut the door on the so-called...
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Tanker Market: The Iran – US Talks and its Implications

Tanker Market: The Iran – US Talks and its Implications
The tanker market participants have adjusted their way of doing business with sanctions on Iranian oil in mind. However, this could change sooner rather than later. In its latest weekly report, shipbroker Gibson said that “since April the US and Iran have been...
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