Despite the rise in newbuilding ordering activity over the past couple of months, overall contracting so far this year is lagging compared to the past year. In its latest weekly report, shipbroker Allied Shipbroking said that “orders placed across Hyun…
Shipbuilding Orders Down 15% So Far This Year Read More »
The start of the week on July 28 brought a downward trend in freight rates across all vessel sizes, indicating negative momentum. While concerns about rate stability continue, there was some positive news for the Capesize and Panamax segments as the Ba…
The last revision was published in 1994. That revision was, to a large extent, triggered by some significant English court cases that cast doubt on the understanding and intention behind important clauses in GENCON 76 such as the General Strike Clause….
The new GENCON 2022 charterparty Read More »
The ship recycling market could receive an additional boost from the rumored return of Pakistan. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “some interesting news circulated within the industry this week with reports …
Ship Recycling: Will Pakistan Return to the Market Read More »
The International Maritime Organization (IMO) rules have had some success in improving public health. Global emissions of sulphur dioxide (SO2) – a health-damaging air pollutant – have dropped by about 10% as a result. But the shift to low-sulphur ship…
How low-sulphur shipping rules are affecting global warming Read More »