The ship financing landscape is a completely different ballgame these days. In its latest weekly report, shipbroker Intermodal said that “over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize th…
Shipping: Is this a bankers’ market? Read More »
The international shipping sector needs to quickly adopt short-term policy measures to cut operational greenhouse gas (GHG) emissions of the existing fleet, according to a new study. The study concludes that only a subset of potential policy options, n…
EU study finds only speed or Operational Efficiency can achieve IMO’s 2030 target Read More »
In a recent judgment, in the context of a claim by Owners for a contribution in General Average (GA), the Court considered whether a defective passage plan, prepared prior to the commencement of the voyage, rendered the Vessel unseaworthy. On the facts…
Defective passage plan rendered vessel unseaworthy Read More »
The National Shipbuilding Research Program (NSRP) has awarded Hepburn and Sons LLC with the Qualification Testing of Insulated Bus Pipe (IBP) for Shipboard Introduction as a follow up on the Land Based Case Study of Insulated Bus Pipe (IBP) for Ship De…
Hepburn and Sons Gets NSRP Nod Insulated Bus Pipe Support Read More »
The U.S. Coast Guard said it closed the Mississippi River near St. Louis to boat and barge traffic on Friday as excessive rains and heavy snow melt this spring swelled the major shipping waterway to near record levels.The river – a key transportation a…
Flood-Swollen Mississippi River Closed at St. Louis Read More »