Safe Bulkers orders three more ‘green’ newbuildings
New York-listed shipowner lifts orderbook to eight ships while selling six older vessels
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July 2021
Ship Recycling Market Devoid of Tonnage
Ship owners are keeping their older ships in service, on the back of high dry bulk and container rates. As a result, tonnage availability in the demolition market is scarce and rates offered are through the roof, with some market observers reporting pr…
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Shipping: Does location matter anymore?
For centuries the great port cities analysed in the recent Xinhua-Baltic International Shipping Centre Development Index report were built on the confluence of trade, people and ideas. Centred around ships and the presence of their owners, managers and…
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Do carbon credits have a place in shipping’s future?
With over 194 states (representing 97% of global greenhouse gas emissions) having ratified or acceded to the Paris Agreement and an ever increasing number of countries and entities making net zero their 2050 target, anyone not preparing for significant…
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US shipping regulators launch group to investigate detention and demurrage
The Ocean Carriers Audit Program will make sure lines are charging ‘just and reasonable’ fees
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