The ship recycling market has been characterized by a limited tonnage supply throughout 2021, thus limiting overall performance. In its end of year summary of the demolition market, shipbroker Clarkson Platou Hellas said that “it was hoped that we woul…
Demolition Market in 2021: A Limited Supply of Tonnage Was the Main Trend Read More »
As 2021 draws to a close, two recent events have reemphasised the growing urgency for ship owners and operators to ensure compliance with the Ballast Water Management Convention. Earlier this month marked 1,000 days until all ships must meet the Conven…
Prudent ballast equipment selection critical as D2 countdown drops under 1,000 days Read More »
Among those involved in the industry, the importance of shipping is never in question. Without it, we wouldn’t live in the world as we do today. However, its importance is rarely acknowledged outside the shipping bubble, and most people do not give shi…
Takeaways from a Staggering Year in Container Shipping (2021) Read More »
Containership giant Seaspan Corporation announced on Wednesday that it now has financing lined up for its entire 70-vessel newbuild program.With the completion of the latest $1.4 billion deal in December, Seaspan said its financing proceeds are approxi…
Seaspan’s 70-ship Newbuild Program Fully Financed with $1.4 Billion Deal Read More »
Marco Polo Marine announced it is venturing into “green” ship recycling at its P.T. Marcopolo Shipyard in Batam, Indonesia.In addition to being awarded the permit by local authorities to conduct ship recycling activities, the group said it…
Marco Polo Marine to Do ‘Green’ Ship Recycling in Indonesia Read More »