Daily Briefing July 1 2020
Free to read: UK ports grappling with ‘shambolic’ Brexit black hole of information | Marinakis’ sanctions battle with Venezuelan shipping…
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June 2020
European Shipyard Orders Cruise Ship Cleaning System
Vow ASA subsidiary Scanship said it has been awarded a 7.8 million-euro contract ($8.8 million) for its cruise clean ship system with major European shipbuilder.The system will be used for wastewater purification, garbage handling and food waste proces…
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New Staten Island Ferry Launched at Eastern
Eastern Shipbuilding Group, Inc. (ESG) launched the second of three new Staten Island “Ollis Class” Ferries for the City of New York Department of Transportation (NYCDOT) Staten Island Ferry Division. The Sandy Ground was launched Friday at Eastern’s A…
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Reopening of Economies Triggers More Demolition Activity But Only Just
The ship recycling market seems set for a rebound of activity, as more and more economies reopen after lockdown measures. However, things are still pretty tentative. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the sta…
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Oil product tanker S&P activity down 45% as new reality unfolds
Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016. Data from VesselsValue highlight that in the first five …
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