LPG shipping has been facing several headwinds, including an oversupplied market and muted growth in the LPG and olefin trades. However, new ordering in 2024 has maintained its momentum. Despite the concerns of oversupply from 2027, the expected increa…
LPG orders at a record high in 2024; will this momentum continue in 2025? Read More »
Greek shipowners have spent an unprecedented US$18bn on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by VesselsValue, the data intelli…
The Capesize market rates for the Brazil to North China route have softened, yet rising iron ore exports from Brazil, particularly after a strong third quarter, and increasing port congestion suggest potential upward pressure on rates. September saw a …
Dry Bulk Iron Ore Flows, Brazil Port Congestion, Market Rates Read More »
Digitalisation is sweeping all aspects of the maritime sector. From investment decisions to day-to-day operations, high-quality and reliable data is becoming a hallmark for shipping players as they look to become more efficient. New platforms that take…
Shipping invoicing is set for digital makeover Read More »
The widely used memorandum of agreement (MOA) for the sale of ships on BIMCO’s Norwegian Saleform (2012 version) (NSF 2012) provides that the buyer may cancel the MOA and recover its deposit if the seller fails to tender notice of readiness (NOR) or to…
Better late than never Read More »