Demand for second hand ships, most notably bulkers, continued throughout the past week. In its latest weekly report, shipbroker Banchero Costa said that “during the week the Nord Virgo 82,000 dwt built 2014 JMU (SS due 2029 ME Scrubber fitted) was sold…
Strong Momentum in the S&P Market Continues Read More »
Digitalisation is sweeping all aspects of the maritime sector. From investment decisions to day-to-day operations, high-quality and reliable data is becoming a hallmark for shipping players as they look to become more efficient. New platforms that take…
Shipping invoicing is set for digital makeover Read More »
The widely used memorandum of agreement (MOA) for the sale of ships on BIMCO’s Norwegian Saleform (2012 version) (NSF 2012) provides that the buyer may cancel the MOA and recover its deposit if the seller fails to tender notice of readiness (NOR) or to…
Better late than never Read More »
A curated selection of shipping’s technology news from the TradeWinds team
Scorpio president says tanker owners are awash with offered bank cash
Bugbee on Poseidon Principles: ‘It’s fantastic, it’s brilliant, but it’s nothing’ Read More »