The shipping industry is well aware of the fines and penalties imposed by US authorities against vessel owners, operators and officers for alleged bypasses of a vessel’s oily-water-separator (“OWS”), which is required pollution control equipment under …
IMO 2020 Enforcement: Magic Pipe Cases All-Over Again? Read More »
With fleet growth of 3.7%, compared to global container shipping demand growth of only 1%, even blanked sailings have been unable to lift freight rates. Demand drivers and freight rates Container shipping has in the last few months felt the effects of …
The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020. Demand drivers and freight rates After peaking in September, the fundamentals of the market have beg…
The Secretary-General of the International Maritime Organization (IMO), Mr. Kitack Lim, has opened the Organization’s 31st Assembly session, calling for concrete action to address climate change and other challenges. “In so many areas, we a…
IMO Secretary-General opens 31st Assembly with a call for concrete action Read More »
In the maritime world conversations among professionals soon turn to China, reflecting the country’s pervasive influence. After rapid enlargement during the past two decades, this presence is at the forefront of both the demand and supply sides of many…
China’s all-embracing maritime influence Read More »