BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on Ma…
Ship Financing Just Got Less Complicated Read More »
The container liner shipping industry carries about 60% of the goods (by value) that are moved internationally by sea. To do so, container shipping lines (carriers) deploy about 5,100 containerships worldwide and provide approximately 400 scheduled lin…
“Invoicing and payment processes in global container shipping: ready for disruption?” Read More »
Savvy shipowners could take advantage of a booming sentiment across scrapyards in Southeast Asia, after the news that Pakistan has reopened for tanker business. As shipbrokers report, this has already created an artificial premium for certain small uni…
Shipping: Demolition Market on a High Read More »
Container freight rates on the key Far East-Europe route have seen significant volatility over recent years, and after improving in 2017 appear to have eased back again recently. Against this backdrop, comparing trends in cascading and deployed capacit…
Far East-Europe Box Freight Rates: Mapping The Progress Read More »
Sustained pressure on governments to regulate the shipping sector’s climate impact has finally resulted in a pledge to require international shipping to at least halve its greenhouse gas emissions by 2050. However, states meeting at the International M…
After UN deal on shipping emissions, it’s now up to Europe ‘to get things moving’ Read More »