Newbuilding contracting activity from Greek ship owners has declined sharply so far this year. In its latest weekly report, shipbroker Xclusiv said that “Greek shipowners continue to demonstrate a strong and strategic presence in the global shipbuildin…
Greek Ship Owners Newbuilding Orders Down by 65% This Year Read More »
Keeping transported breakbulk and project cargo safe during sea transport is the purpose of IMO’s CSS Code. But its requirements are based on the most adverse sea states and are therefore unnecessarily strict for operation in calmer sea regions. DNV ha…
Route-Specific Cargo Calculator enhances vessel’s cargo transport capabilities Read More »
The containership MSC FLAMINIA was on its way from South Carolina to Antwerp in July 2012, when mid-Atlantic, an explosion on board led to a severe fire. Three crew members lost their lives and hundreds of containers were destroyed. The explosion was c…
Charterers’ rights under the LLMC: the MSC FLAMINIA ruling Read More »
The latest OPEC+ surprise decision to boost production could boost supply and lead to stronger tanker rates. In its latest weekly report, shipbroker Intermodal said that “the global oil market has been riding through intense swings, with Brent crude tu…
Tankers: OPEC’s Price Policy Could Boost Rates Down the Line Read More »
The proposed fee under the USTR framework could render China-owned and China-operated vessels redundant for US trade. This likely triggers a shift in port calls, with non-Chinese vessels continuing to serve US ports, while Chinese-operated or owned shi…
USTR proposal will make Chinese shipping companies redundant for US cargo Read More »