Capesize The market has surely surprised many this week after sparking into life and quickly surpassing levels seen in November and December 2020. The Capesize 5TC ended 2020 at $16,633 and now closes out its opening week of 2021 at a resounding $21,13…
Dry Bulk Market: Capesizes Start the New Year With Renewed Optimism Read More »
2021 ushers in a new cyber era for the shipping industry with the introduction of the requirement to address cyber risks in a vessel’s safety management system. This is just one of the many regulations that enter into force this year. Below, we look at…
Charting the 2021 maritime regulatory landscape Read More »
2020 has been a turbulent year for shipping to say the least and things weren’t that different when it comes to the shipbreaking industry as well. In its latest report, shipbroker Clarkson Platou Hellas noted that “in what has been a completely turbule…
Capesizes Were The Most Scrapped Ship Class During 2020 Read More »
In a significant decision for the maritime sector, The Eternal Bliss[1], the English Commercial Court has resolved a much-debated question, answering that an owner can, under certain circumstances, recover damages in addition to demurrage for delay to …
The proliferation of serious fires onboard container ships in recent years has shocked the shipping industry. Andrew Gray considers the causes and impact of such fires and the urgent efforts being made by a wide variety of stakeholders to solve this se…
Tackling the scourge of container ship fires Read More »