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(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).
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(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%.
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(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.
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(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.
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(Nov 18 2021)
Recent charter activity signals market recovery.
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(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.
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(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.
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(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.
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(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.
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(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.
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(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.
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(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.
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(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.
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(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.
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(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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