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Tanker market faces uncertain future in a no-deal Brexit

Tanker market faces uncertain future in a no-deal Brexit

With the government previously anticipating the closure of two UK refineries following a WTO Brexit, the tanker market in the region is bracing for changes. It is unclear however, this will mean a pure slow down in tanker demand or if subsequent events will actually boost demand for long-haul voyages.
UK issues emergency port funding ahead of Brexit

UK issues emergency port funding ahead of Brexit

UK ports have been invited to bid for a share of a £10m government fund to pay for upgrades that enhance capacity as transport hubs prepare plans for a WTO Brexit.
Low-sulphur fuel price spread favours scrubbers

Low-sulphur fuel price spread favours scrubbers

Current spreads show an increasing premium for low-sulphur fuel over heavy fuel oil. Owners with scrubbers will stand to benefit from lower fuel costs.
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