Positive and negative trends in global piracy Global piracy and armed robbery incidents decreased by 3% in 2024 compared to 2023, according to the International Maritime Bureau’s Piracy Reporting Centre (IMB PRC). On an overall basis, this is good news…
Piracy: A persistent threat to seafarers Read More »
The ship recycling market is still quite slow and uncertain. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling market remained slow and uncertain, with all four major de…
Ship Demolition Market Slow and Uncertain Read More »
In a sector deeply rooted in its heritage but increasingly shaped by technological advancement, shipping operations are undergoing a profound transformation. Amidst discussions of digitalisation and decarbonisation, it is vital that the health and well…
Transforming crew welfare with sustainable nutrition at sea Read More »
Most shipping stakeholders expect Suez Canal transits to resume before the end of 2025 and for Trump tariffs to escalate, according to a Drewry survey. The last few years have seen the share prices of container shipping stocks rise and fall as steeply …
Drowning in a sea of noise Read More »
Things are heating up in the second hand market for ships, with more deals being reported last week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk segment, Greek based company Seanergy was behind the purchase of the Newc…
Second Hand Sales Are Heating Up Read More »