More than a decade since its adoption in 2009, the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) will finally enter into force on 26 June 2025 after ratification by Bangladesh and Liberia. The HKC is…
Hong Kong Recycling Convention ratified, entering into force in 2025 Read More »
The ship recycling market hasn’t shown any signs of change over the past week, as slow activity amid a lack of tonnage, seems to be the norm these days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there is no change to the…
Ship Recycling Market Solidifies Slow Activity and Lack of Tonnage Read More »
Global trade is changing and so is shipping Global trade slipped into contraction at the end of 2022, following the rationalisation of piled-up inventories and the economic and industrial stagnation in the US and Europe. Global trade has also entered a…
Global shipping outlook: It’s all about capacity as the tide turns Read More »
“Humanity is in dangerous waters on climate,” UN Secretary-General António Guterres said in a video message at the start of MPEC’s latest session. “Science tells us it is still possible to limit global temperature rise to 1.5 °C, but it requires an imm…
Global shipping poised to get new emissions-fighting strategy Read More »
China’s seaborne coal imports have grown by 97.3% during the first five months of 2023, marking a significant shift in cargo flows and demand for dry bulk carriers. In its latest weekly report, shipbroker Intermodal said that “anticipation are high tha…
Dry Bulk Market: China’s Coal Imports A Major Factor in the Market Read More »