How the maritime industry is tackling the issue of becoming greener, two industry experts offer their insights on alternative fuels and decarbonisation in shipping. Decarbonisation is fast approaching. All industries are having to adapt and maritime is…
The ‘fourth propulsion revolution’ and preparing for a green maritime industry Read More »
The ship recycling has remained under pressure, despite a few positive signs here and there. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there feels like some renewed vigour in the market this week on the back of some slig…
Ship Recycling Market Still Under Pressure Read More »
What a difference a year makes! At the end of 2021, container ships were enjoying a historically strong market and freight and time charter rates had yet to peak. At the same time, dry bulk ships were seeing multi-year high rates slipping away, althoug…
Tankers end 2022 with 78% time charter contribution margin and best 2023 outlook Read More »
Just as there is no easy route to decarbonisation, there is no straightforward way of balancing a shipowner’s obligation to comply with the MARPOL Carbon Intensity Indicator (“CII”) Regulations with a time charterer’s right to direct the employment of …
BIMCO CII Clause for Time Charters – The dust begins to settle Read More »
Shipyards across Europe, Med and the Black Sea are expected to be fully booked during 2023, as a multitude of projects, many of which will be environmental retrofits, are expected to take place. In its latest weekly report, shipbroker Intermodal said t…
“Green” Retrofits to Dominate the Ship Repair Market of 2023 Read More »