Ship owners have been keeping even obsolete ships from scrapping so far this year, as the cashflows they produce are significant. In its latest weekly report, shipbroker Xclusiv said that “ship demolition activity over the past five years reveals a cyc…
Ship Owners Keep Older Vessels For More Read More »
“Fire in container!” Not words a shipowner or insurers want to hear from a vessel at sea. The risk of container ship fires is, however, a problem that is not going away. We have seen a number of salient, recent examples of fires and explosions posing t…
Seeking safe refuge Read More »
The Club has seen a recent spate of pollution incidents involving the discharge of grey water within territorial waters which fall outside of what is permitted by the local port state authority under national legislation. These incidents have resulted …
Grey Water Regulation: A Growing Environmental Compliance Challenge Read More »
With crude oil flows patterns still very much fluid, tanker market participants are closely monitoring oil demand and supply fundamentals. In a recent weekly report, shipbroker Xclusiv said that “Russian seaborne crude exports in August reached 3.40 mi…
Tanker Market: Is an Oil Supply Glut on the Cards? Read More »
“As of end August 2025, 534 container ships are on order which will be able to use alternative fuels upon delivery. These represent 53% of ships on order and 77% of the TEU,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. In addition to these a…
More than 500 alternatively-fuelled container ships now on order Read More »