A lack of tonnage is still hampering the ship recycling market, with market participants on the lookout for more vessels. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the leading cash buyer of ships, said that “this week, ship r…
Lack of Tonnage Still an Issue for Ship Recyclers Read More »
Bulker newbuilding values are currently at 15-year high, with increases across all sectors since the start of the year. This is due to a number of factors including strong market fundamentals and increased demand, high steel prices and shipyard costs. …
This news provides an overview of current developments in Port State Control (PSC) inspections and focus campaigns in China, Australia, and the USA. Special attention is being placed on the ongoing PSC focus campaign in China on machinery and electrica…
Port State Control – Be prepared for new campaigns and restrictions Read More »
High seas and rough weather break up pier and scatter floating sections
US military’s $320m Gaza aid pier offline amid ‘perfect storm’ of setbacks Read More »
UK judge criticises guidance received from Turkish group’s solicitor as case finally moves towards hearing
Sanctions and ‘negligent’ legal advice complicate Palmali and Litasco tanker trial Read More »