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Tanker Market Retreats as Slower Week Sinks Rates

18/03/2019

VLCC
A slower week saw rates in all areas generally come under downward pressure. Early last week 270,000mt to China fixed at WS 66, but finished the week in the very low WS 60s. Going west, rates for 280,000mt to

IBIA contributes to IMO’s sulphur testing and verification framework

18/03/2019

Amendments to MARPOL Annex VI to help ensure consistent implementation of the global 0.50% sulphur cap, developed at the 6th meeting of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 6), will be sent for approval by the Marine