We bet when people hear “Dubai” they do not imagine a desert with camels and oil derricks anymore. They do not imagine brilliants, gold, and luxury cars in most cases also. What comes to mind first when we hear “Dubai” is a number of the most challenging innovations such asContinue Reading
The Top division media start discussing the so-called Cobalt Crunch. Forbes interviewed Ivan Glasenberg — chief executive of Glencore: “…We have seen the investments that car companies are making in electric vehicles, Glasenberg said. They will need battery supply. It will require a lot of cobalt, and we all know the geologicalContinue Reading
When NASA together with SpaceX launched a special satellite to find planets with aliens, one strange idea came to my mind in addition to pride in space exploration: what would we tell aliens about our world in case of a possible contact? Just assume there won’t be a chance to hideContinue Reading
“Seaward ho! Hang the treasure! It’s the glory of the sea that has turned my head.” Robert Louis Stevenson, Treasure Island. The destructive practice of conventional mining is what terrifies common people most when it comes to the alleged extractive activities at the ocean bottom. Indeed, the centuries-old history of various typesContinue Reading
(philosophical reflection on real-sector horizons) The present civilization is obsessed with technologies. Various technologies. Whole countries bet on a particular technology for a living. It is often difficult to figure out why one or another technology is chosen to be a national economic driver after all. The balance between costsContinue Reading
It’s the question on everyone’s mind: how best to deal with the IMO’s 0.5% sulphur cap regulations? With just over 18 months to go until the deadline, decisions need to be made on capital investments for scrubbers and new builds now. Trafigura recently announced it would install scrubbers on allContinue Reading
It’s no secret – shipping is going through a tough time. And in tough times, owners and operators need to do everything they can to help the bottom line. The industry has been rife with consolidations, bankruptcies, acquisitions and downsizing. But what else can shipowners and charterers do to becomeContinue Reading
“Should I use the BIMCO contract for my bunker purchasing?” As brokers, this is a question we are asked more and more as time goes on. So we thought it best to write about the more interesting clauses of the contract, based on our experience. Below we explain whatContinue Reading
The OW Bunker bankruptcy affected over 20,000 shareholders, drying up credit liquidity in major ports and started a barrage of legal proceedings for shipowners, banks and physical suppliers around the world. Could it happen again? To answer that, we first need to explore what happened. The timelineContinue Reading
BunkerEx, the online marketplace for bunker purchases, has vetted and added over 50 new suppliers in the past month, doubling it’s global port coverage in the process. “We now have over 200 bunker suppliers and traders registered across 700 ports, all reachable on our site at the click ofContinue Reading