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Canada uses new tanker pipeline to bypass Panama Canal

Maritime NXT’s Punit Oza argues that west coast loadings are ‘critical’ for the country Canadian oil exporters have been “smart” to get the new Trans Mountain Expansion (TMX) pipeline up and running. In an interview with UK shipbroker Alibra Shipping that was shared with TradeWinds, Punit Oza, … [Read more...] about Canada uses new tanker pipeline to bypass Panama Canal

Green fuels create the need to train 700,000 seafarers, Alibra estimates

The founder of Novamaxis highlights the knowledge gap among crew tasked with implementing energy transition There is a “huge” knowledge gap among seafarers expected to handle potentially dangerous low-carbon fuels, a shipping expert has warned. A report prepared by UK shipbroker Alibra Shipping … [Read more...] about Green fuels create the need to train 700,000 seafarers, Alibra estimates

German human rights law could be catalyst for shipping action

London Brokerage Alibra Shipping calls for global legislation to protect seafarers. German legislation on human rights and the environment could be a much-needed catalyst for shipping to get its house in order on seafarer welfare. This is the view of London shipbroker Alibra Shipping, which says … [Read more...] about German human rights law could be catalyst for shipping action

Brokers and scientists angry at unintended consequence of key shipping emissions law

IMO 2020 rules on sulphur emissions are having an unintended consequence in the world’s oceans The International Maritime Organisation’s 2020 limits on sulphur content in ship fuel have been a big positive in lowering vessel emissions. But scientists and brokers are now arguing that the rules … [Read more...] about Brokers and scientists angry at unintended consequence of key shipping emissions law

New EU regulations requires more than just cutting fuel consumption

London Brokerage Alibra Shipping tries to lessen the confusion for owners over new decarbonisation measures. Alibra Shipping has a warning for owners hoping to pool ships to meet the requirements of Europe’s FuelEU Maritime Initiative. The decarbonisation scheme enters into force in 2025, but … [Read more...] about New EU regulations requires more than just cutting fuel consumption

Alibra Shipping outlines limits and pitfalls of FuelEU ship pooling plan

Alibra Shipping believes complex system could lead to disputes over what happens when penalties are levied Alibra Shipping has a warning for owners hoping to pool ships to meet the requirements of Europe’s FuelEU Maritime Initiative. The decarbonisation scheme enters into force in 2025, but … [Read more...] about Alibra Shipping outlines limits and pitfalls of FuelEU ship pooling plan

Dry bulk spot market mounts week of broad gains

Positive sentiment from China’s pending economic stimulus money also lifts spot rates, expert says “So, we remain positive for dry bulk for the next few months, and we see the change of capesize rates moving into the $20,000-per-day range as our base scenario for the winter.” “Capesize rates are … [Read more...] about Dry bulk spot market mounts week of broad gains

Trajectory of soaring new build prices divides opinion

The trajectory of new build prices which have soared up by as much as 50% in less than three years is dividing experts. “There’s no sign yet that newbuild prices are close to peaking,” said Giuseppe Rosano, founder of London-headquartered brokers Alibra Shipping. “Newbuilds will always attract … [Read more...] about Trajectory of soaring new build prices divides opinion