Newbuilding ordering activity has been on the rise once more, particularly in China, despite the existing tensions. In its latest weekly report, shipbroker Banchero Costa said that “after a rather quiet period, Newbuilding activity, particularly in Chi…
Chinese Newbuilding Orders on the Rise Again Read More »
A maritime lien is a powerful legal claim that allows creditors to arrest a vessel, regardless of ownership changes, unless the sale is conducted via judicial auction. Buyers of vessels must be acutely aware that maritime liens can survive a sale, even…
Maritime Liens – Risks and Protection Strategies for Ship Buyers Read More »
Using VesselsValue’s ‘Timeseries’ product, we take a look at the current position of the VLCC market across vessel values, earnings, and S&P activity. We have seen values for VLCCs fall year-on-year with values for 5YO vessels of 320,000 down by c….
Assessing the VLCC Market Cycle: Diverging Trends in Values, Earnings, and Liquidity Read More »
Some shipping sectors will be more impacted than others from the latest USTR notice on shipping fees on Chinese-built vessels. In its latest weekly report, shipbroker Intermodal said that “the USTR Notice of Action issued on April 17 introducing fees u…
Shipping Sectors’ Impact from USTR to Be Diverse Read More »
International shipping is responsible for about 2% of the world’s greenhouse gas emissions. This means it plays a part in reaching net-zero emissions, which would help limit global warming to 1.5 degrees. The shipping industry follows various reg…
ESG Economist – Carbon price for shipping below transition cost Read More »