During the second week of March, there’s a notable surge in freight rates, particularly in the larger vessel categories, accentuated by a diminishing number of ballasters. The demand indicator reflected in the volume of South Atlantic daily loade…
Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today, just 626 ships provide 36% of the fleet’s capacity, and the trend …
Ships above 12,000 TEU drive 100% increase in average ship size Read More »
Despite persisting uncertainty around what changes EU ETS will bring for shipping’s finances and contracts, companies can already carve their own pathway to success under the new legislation. This requires adopting a proactive approach and a digital mi…
EU ETS requires a practical approach… and the right data Read More »
Persistent missile attacks by Houthi rebels on ships plying the Red Sea route have led to soaring emissions liabilities for shipping companies under the EU ETS as lengthy voyage diversions for Europe-bound vessels have multiplied fuel consumption, acco…
OceanScore analysis shows near-tripling of EU ETS costs due to Red Sea crisis Read More »
Ship owners/managers may want to modify the ballast water treatment systems (BWTS) installed on their vessels, such as upgrading the BWTS or making any other changes to the BWTS. This technical news provides guidance on such modifications and outlines …
How to proceed when making modifications to installed ballast water treatment systems Read More »