IMO 2020 poses ‘big question’ for future ship prices
Vessel prices will ‘track with lack of modest inflation,’ shipping tycoon Peter Livanos says.
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June 2019
Ship owners Snap Up Product Tankers, as Transactions are Up by 27% in 2019
Product tankers and more specifically those of the MR class have been in high demand throughout 2018 and during the first half of 2019. In its latest weekly report, shipbroker Allied Shipbroking said that “for more than 6 months now, we have repeatedly…
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Shipping M&A: Learning points from recent transactions
Historically, traditional shipping M&A activity has not been as common, mainly because shipping market investors enjoyed adequate access to funding while the ship owners themselves instinctively preferred more straightforward “asset transactions”. …
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Greek Shipowners applaud the adoption by the UN IMO MSC 101 of a specific action plan to deal with the critical safety issues and liability implications associated with the 0.5% sulphur marine fuels
The Union of the Greek Shipowners (UGS) warmly welcomes the decision of the Maritime Safety Committee (London, 5-14 June 2019) of the United Nations International Maritime Organization (UN IMO) to adopt an action plan for mandatory measures to enhance …
Wight Shipyard Breaks Into Offshore Wind
A UK shipbuilder known for building high-speed ferries aims to enter the offshore wind market with a new line of wind farm support vessels (WFSV).Wight Shipyard Co (WSC) said its Vortisea brand of vessels, designed in collaboration with Australian nava…
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