INTERTANKO welcomes proposal to include charterers as a responsible party in the EU ETS

(Feb 03 2022)

The International Association of Independent Tanker Owners, INTERTANKO, is in support of a recent proposal which advocates the inclusion of charterers as responsible parties in the EU’s Emissions Trading Scheme (ETS).



Bold Aframax fleet repositioning pays off for Signal Maritime

(Dec 16 2021)

Tanker pool manager Signal Maritime has achieved a significant increase in its Aframax Time Charter Equivalent (TCE) earnings thanks to a decision to increase the share of the fleet which has been trading west of Suez up to 70%.



Tankers International meets demand for more intuitive, actionable fixtures data with new app

(Dec 02 2021)

Faster access to actionable data further boosts transparency in the VLCC tanker market while providing enhanced market insights to boost users’ profit margins.



Decarbonisation and charterer contracts

(Nov 25 2021)

Denis Petropoulos, Chairman of the Baltic Exchange, and a non-executive director of Tsakos Energy Navigation, shared some interesting views about how decarbonisation could be considered in contracts with charterers, in a podcast by Ship.Energy.



TEN Ltd announces long -term charters with profit sharing provisions for two VLCC tankers

(Nov 18 2021)

Recent charter activity signals market recovery.



The Sea Cargo Charter – charterers driving decarbonisation

(Nov 11 2021)

The Sea Cargo Charter, an agreement by a group of charterers to calculate and report emissions from chartering activities, is building its footprint in shipping, as tanker operators are asked to provide data for all 2021 voyages.



Complacency can cost warns ITIC

(Nov 04 2021)

ITIC (International Transport Intermediaries Club) warns brokers and agents that allowing complacency to creep into their daily activities has the potential to cost them dearly.



Tanker owner Sea World launches carbon credit platform for charterers

(Oct 07 2021)

Sea World Management has revealed a plan to set up a carbon credit platform for charterers and pursue retrofits as part of emissions-reduction efforts.



BHP – making LNG fuelled ships competitive

(Sep 09 2021)

BHP signed a 5 year contract for 5 LNG fuelled ore carriers – at a cost lower than using new vessels fuelled with VLSFO. Head of maritime Rashpal Singh Bhatti explained how it was done.



Braemar and Womar join forces to launch chemical tanker index

(Jul 09 2021)

Braemar ACM Shipbroking and Womar Tanker Pools have jointly launched what they claim to be the industry’s first online earnings index for J19 tankers.



ONGC defends oil vessel hire tender

(Jul 09 2021)

State-owned Oil and Natural Gas Corporation (ONGC) has defended its tender for charter hire of an oil vessel with company sources saying safety certification norms in the tender were aimed at increasing competition.



VLCC fixtures shrouded in secrecy in ailing tanker market

(Jul 01 2021)

A mostly transparent VLCC market is witnessing an increase in deals being concluded privately as a dismal freight market is offering charterers the luxury to quietly pick and choose their preferred owners as well as keep fixtures under wraps.



Take time to re-check contact details for important emails advises ITIC

(Jun 18 2021)

According to ITIC - International Transport Intermediaries Club – incorrectly addressing emails can prove costly as was demonstrated in a recent case where the insurer had to reimburse a shipbroker US$ 50,000 in respect of such an error.



Counterfeit invoices and fake emails continue to plague our industry, cautions ITIC

(May 12 2021)

ITIC - International Transport Intermediaries Club – has issued a number of warnings on the increasing prevalence of documentation fraud and is reinforcing the message by highlighting a recent case it has handled on behalf of a broker.



Could the Sea Cargo Charter change tanker shipping?

(Feb 25 2021)

A number of tanker and dry bulk charterers, including Trafigura, Equinor, Total, Gunvor, Shell, Occidental, and Dow Chemical, have attached their names to an initiative called the Sea Cargo Charter, which aims to provide a framework "for aligning cha...




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Apr-May 2022

Tanker Accident Database - speeding up port calls - causes of enclosed space problems - resolving BWMS problems - investor''s view on LNG fuelled ships