Marine mutuals report steep climb in major claims, with some also highlighting personal injury claims and the impact of inflation…
Related StoriesBlast on LPG carrier leads to death of crew memberGreece faces nati…
Annus horribilis: the year P&I went pear-shaped Read More »
Ship owners around the world have adopted a risk-aversion policy, which translates to refraining from adding more newbuildings on the global orderbook. In its latest weekly report, shipbroker Banchero Costa said that “there was not much fresh business …
Risk Aversion Grips the Shipping Industry Read More »
Trade tariffs cause rate differential and capacity transfer to countries “other than China” There is no consensus on who will “win” the US-China trade war, or whether there will be a winner at all, but the shipping industry has already reac…
Pacific shift from China to SE Asia, Korea Read More »
“A fire in the engine room is any seafarer’s worst nightmare,” says Tom Backlund, Wärtsilä’s General Manager Large Bore Engines. This is especially true when it comes to fuel leakages in vessel engine rooms. This is why the International Convention for…
Enhance safety at sea with smart fuel hoses Read More »
Tenders indicate a new wave of newbuildings is on the horizon despite a quieter second quarter
LNG carrier ordering slows but sentiment remains upbeat Read More »