Officer availability varies significantly by nationality and rank, with important implications for recruitment, retention and wage rates, particularly in light of tightening labour market conditions. Earlier in the year Drewry projected that the curren…
Diminishing seafaring appeal to tighten officer availability Read More »
After a banner year for the Republic of the Marshall Islands (RMI) fleet in 2019, with its best ever ranking from port State control (PSC) authorities globally, the RMI Maritime Administrator (the “Administrator”) remained focused on enhancing resource…
The Marshall Islands Registry Focuses on Enhancing Resources Read More »
As we enter the second half of October, with the darker evenings drawing in, minds will be focusing in on the end of the year and the start to another. It leaves us asking questions about where we are, what might happen and who that’s good or bad for. …
FIS: The Good, The Bad, and The Ugly Read More »
On 3 August 2020, Scorpio Bulkers (SALT) announced the signing of a Letter of Intent (LOI) to construct a wind turbine installation vessel (WTIV), due for delivery in 2023 with the option for up to three additional vessels. The total cost of the projec…
Wind turbine installation vessel business – Reprieve or a debt trap for Scorpio Bulkers? Read More »
The Chinese government has prohibited the import of Australian coal, which will be detrimental for dry bulk vessels as Chinese importers will shift from Australia to Indonesia and Mongolia, resulting in a decline in average haulage length and a loss in…
China-Australia tiff to hit dry bulk demand Read More »