Ship owners have kept on piling more newbuilding orders over the past week. In its latest weekly report, shipbroker Banchero Costa said that “we keep seeing orders piling up with the trend of multiple ships being packed together (or options being decla…
Ship Owners Are Stockpiling More Newbuildings Read More »
The Methane Abatement in Maritime Innovation Initiative (MAMII) has opened a new protocol for consultation to encourage methane reductions in shipping. The Methane Measurement Protocol (MMP) is the first industrywide effort to establish a universal met…
Shipping industry outlines protocol to incentivise methane reduction Read More »
Chairing the Ocean Hull Workshop at today’s International Union of Marine Insurance (IUMI) 150th annual conference in Berlin (Germany), Ilias Tsakiris, General Manager of American Club Europe, CEO of Hellenic Hull, and Chair of IUMI’s Ocean Hull Commit…
Positivity and uncertainty on the cards for ocean hull underwriters, reports IUMI Read More »
Newbuilding orders for product tankers have been on the rise since the start of the year. In its latest weekly report, shipbroker Xclusiv said that “strong demand has been a key driver of robust product tanker markets, further amplified by geopolitical…
Product Tanker Ordering On the Rise Read More »
FuelEU Maritime – part of the EU’s Fit for 55 package – will apply from 1 January 2025 to all commercial vessels over 5,000GT trading in the EU that are used to transport cargo or passengers. By the end of August 2024, shipping companies were to submit…
FuelEU Maritime ready for 2025? Read More »