Shipping loans and collateral damage

Shipping finance transactions are characterized by peculiar risk factors principally on account of the shipping asset’s transient operations. The applicable rules and mercantile usages – reflective of this reality themselves – must…

Tanker, Tailor, Soldier, Fly

People may be forgiven for thinking that the last seven days was a slow news week, as the biggest headline grabber was the two-minute appearance of a fly on the head of…

Tanker Market in a Rollercoaster Ride

The tanker market has been on a rollercoaster ride of late. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a real rollercoaster ride for the crude oil…