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The Oil Big Five: Already looking at changes for 2016 and beyond
We’re speeding toward the end of 2015, which means that our monthly oil feature, The Oil Big Five, is increasingly focused on topics that could shape the global oil industry into 2016 and beyond. This...
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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...
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Expanded Panama Canal locks require a new look for old equipment
When it comes to transiting the new locks on the Panama Canal, not all ships are created equal. In the original configuration of the waterway, small locomotives are used to pull ships through the...
View ArticleShift happens: The slow apocalypse coming for the shipping industry
Take a seat, Nostradamus: I’ve got some news. To quote the rock band REM, it’s the end of the world as we know it. Like the recent gatherings preceding it, speaker after speaker at the Platts 5th...
View ArticleZombies or revenants: Who will roam the shipping market in 2020?
Now, if someone, who was long considered dead is suddenly walking around, it is not necessarily a miracle of biblical proportions. So before you raise your hands in joyful prayer for the holy revenant,...
View ArticleWhen clean cargoes go dirty
An eye-catching fixture was seen recently that gave a glimpse of the dirty side of clean tankers. The Medium Range tanker Iver Experience was reported to be on subjects to Lukoil to load a a 38,000 mt...
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 ArticleAmazon vs Maersk: The clash of titans shaking the container industry
Approximately 90% of the world’s trade travels by sea and one would expect the industry’s supply chain to be the height of modernity by adopting disruptive technology and strategies. However, this...
View ArticleHow does IMO bunker fuel reform add up for consumers?
The shipping industry looks set to be shaken up by the International Maritime Organization’s decision to cut global bunker sulfur limits to 0.5% in 2020. Most operators will be forced to buy cleaner,...
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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20/20 on 2020? Looking to the future for shipping
2020: a term that implies clarity of vision. And the 6th Annual Platts Mediterranean Bunker Fuel Conference held in Athens last week certainly featured numerous speakers seeming to claim 20/20 vision...
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