Throughout the last week of September, freight rates maintaining the strength observed in previous days. It appears that the third quarter will conclude with higher freight rates than those witnessed in the preceding two months. Notable increases were …
Ship owners have remained active in both the newbuilding and second hand market this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “in the dry sector, 12 Ultramax orders picked up the pace following the previous week’s…
Dry Bulk Carriers in High Demand Read More »
A safety report from DNV and Lloyd’s List Intelligence finds incidents are rising and looks at the possible safety challenges of decarbonization and digitalization. The focus on establishing strong safety cultures for maritime is needed to navigate the…
The crucial role of safety culture in maritime decarbonization and digitalization Read More »
We have previously discussed the English courts’ supportive powers in LMAA arbitrations through the use of anti-suit injunctions to enforce arbitration agreements and its powers to preserve evidence and property and order the attendance of witnesses. I…
The ship recycling market has witnessed the most interest from India this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “India once again seems to be at the forefront of any offers being tabled, as the local market…
Ship Recyclers in India the Most Active in the Market Read More »