Ten years after the adoption of International Maritime Organization (IMO)’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships, in May 2009, there has been progress with voluntary application of its requirements,…
Ship Recycling Needs Hong Kong Convention Read More »
While demolition activity in the dry bulk segment has been up by 185% this year, compared to 2018, a potential dry bulk market recovery ultimately hinges on the improvement from the demand side of things. In its latest weekly report, shipbroker Intermo…
Iron ore demand will be Critical for a Dry Bulk Market Recovery Read More »
Emissions from shipping have come under fire once again thanks to the recent climate change protests in London and Sweden that have put further pressure on governments to take swift and decisive action on the environment. Although official figures indi…
Slow steaming, a solution to reduce CO2 emissions? Read More »
As many members are aware, whether they purchase bunkers as an owner or charterer of a vessel, sometimes the standard terms and conditions of the relevant bunker supplier can be slanted in favour of the bunker supplier. Often they contain short time li…
Bunker suppliers upset balanced BIMCO bunker terms Read More »
Gibraltar’s Gibdock shipyard has completed a major conversion project so that the Baleària ferry Napoles can operate using LNG as fuel. The 186m long Napoles, which has capacity for 1,600 passengers and 1,430 lane metres of cargo, is the first…
Gibdock Converts Ferry to Run on LNG fuel Read More »