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Displaying items by tag: Sulphur

#Shipping - The latest Weekly Shipping Market Review from the Irish Marine Development Office (IMDO) reports of a strong rise in earnings in the tanker market despite a reduction in activity for December 2012.

Demand for VLCC and Aframax tankers in the Arabian Gulf experiences the steepest decline, of 37% and 45% respectively - though the market as a whole was still able to finish above the two-year average.

The dry-bulk market is also expected to exceed fleet growth in the latter half of this year, with day rate for Panamax class vessels set to increase by 12.5%.

Closer to home, plans are in the works to extend a Finnish scheme to support investment in cleaner shipping in the European Union.

Amendments to the scheme are aimed at stricter rules that will apply to marine fuel when the Sulphur Emission Control Area - comprising the English Channel, North Sea and Baltic Sea - comes into force in 2015.

The complete Shipping Markets Review for week 4 is available as a PDF to read or download HERE.

Published in Ports & Shipping

About Quarter Tonners

The Quarter Ton Class is a sailing class of the International Offshore Rule racing the Quarter Ton Cup between 1967 and 1996 and from 2005 until today.

The class is sailed by smaller keelboats of similar size and is likely the world's most-produced keelboat class.

The Ton, Half, Quarter, etc. 'classes' were each given a 'length' and yacht designers had almost free rein to work the hull shapes and measurements to achieve the best speed for that nominal length.

The Ton Rules produced cranky and tender boats without actual downwind speed. Measurement points created weird, almost square hull shapes with longish overhangs.

They were challenging to sail optimally and lost value very quickly as any new wrinkle (e.g. 'bustles') to take advantage of the rule made older boats very quickly uncompetitive.

Although its heyday was 30 years ago, the boat class continues to make its presence felt by holding its own in terms of popularity against some fern race fleets.