Renewed and increased demand for dry bulk carriers, after the recent truce in the ongoing trade war between China and the US, could take a while to be felt in the market. In its latest weekly analysis, shipbroker Allied Shipbroking said that “the…
Trade Truce Will Take a While to Translate in the Dry Bulk Market Read More »
Greener and Environment-friendly Energy Resources As it has been seen on shore, shipping companies are starting to look for greener alternatives and environmentally friendly types of fuel such as LPG (Liquefied Petroleum Gas), Liquefied Natural Gas (LN…
Hydrogen: the upcoming solution Read More »
The EU Regulation on Ship Recycling (1257/2013) – which, with respect to new vessels, will enter into full effect on 31 December 2018 – obliges EU-flagged vessels to conduct dismantling operations in European Commission-approved ship-recycling faciliti…
Future of ship recycling in the European Union Read More »
It’s been another week of lacklustre demolition activity, which doesn’t bode well for the future rebalancing of the shipping markets, despite the strides forward taken during 2018. Should world trade growth slowdown even further next year, …
“Wait-and-See” Approach Dominates Ships’ Demolition Activity Read More »
While the global IMO Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships is probably years away from becoming effective, the EU Ship Recycling Regulation (SRR) has so far* only approved recycling yards within th…
Shipowners challenged as recycling is caught in transition Read More »