Allied research chief says new developments negative for fourth quarter but recovery story not killed off.
An escalation of a trade war between the US and China in the past week has delivered a “serious hit” to tanker market prospects for the fourth quarter this year, according to Allied Shipbrokers.
Belgian politician quizzes Karmenu Vella as concerns persist over approved yards list capacity
European Commissioner Karmenu Vella has ruled out delaying the end-of-year deadline which will prevent owners scrapping European Union flag ships in most of the Indian sub-continent.
Loading and discharging ballast water is an essential part of a ship’s operation, with large ships requiring many thousands of tonnes of water to maintain their stability, draft and manoeuvrability.
