The ship recycling market is still in bearish mode, despite the fact that cash buyers are looking for more demo candidates. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships, said that “the ship recyc…
Ship Recycling: Stagnation is the Norm Read More »
Recent Houthi attacks on vessels passing through the straits of Bab al-Mandab on their way through the Red Sea mean that the shipping industry has moved beyond trade press reporting and onto front page news. While the causes of the current situation ar…
Red Sea movements and financial security Read More »
Ahead of the 2024 European elections, ECSA launches its policy priorities for the next five years. The four pillars are Climate and energy transition, People-centred green and digital transition, Ship Finance and Competitiveness and Trade. Europe is fa…
European Shipowners’ priorities 2024-2029 Read More »
Sailing speeds of older ships in particular have slowed down considerably, as a result of the latest emission reduction rules. In its latest weekly report, shipbroker Intermodal said that “the integration of the Energy Efficiency Existing Ship Index (E…
Bulkers Slowing Down to Comply With Emission Rules Read More »
Geopolitical risks are impacting the supplier strategy of many companies globally. While majority (63%) of the companies surveyed by Container xChange in the month of February’24 are looking to diversify their supplier portfolio, 37% are still going to…
China reopens after Chinese New Year, Container rates plateau Read More »