Dry bulk shipping company Genco Shipping & Trading Limited said it has taken delivery of three 2016-built bulk carriers and sold off older tonnage as part of its fleet renewal strategy.The New York based company has taken delivery of two 180…
Genco Acquires Three Bulk Carriers Read More »
A new report by DNV GL forecasts biofuels, water and additive manufacturing as new trade commodities, while gas and cargo shipping is set to triple and double business by 2050.
Expanding trade frontiers with new commodities Read More »
Newbuilding ordering activity is gaining pace over the course of the past few days, as ship owners are looking to push forward with their fleet modernization and expansion plans. In its latest weekly report, shipbroker Allied Shipbroking said that “wit…
Newbuilding Orders Gather Momentum After Summer Lull Read More »
The world of bunkers is heading for rapid and fundamental changes and not just because of the 0.50% sulphur cap in 2020. While IMO and stakeholders are working hard to deal with this unprecedented global fuel specification change, discussions have move…
Marine Bunkers: The end of the world as we know it Read More »
Introduction A recent English Court of Appeal decision provides important guidance on the applicability of charterparty time bar provisions to letters of indemnity (LOIs). Given the frequent use of LOIs in the shipping industry, this legal decision wil…