International Shipping News

Rising Deliveries Of Capesize Ships Pose A Threat To The Already Fragile Market Balance

Demolition of dry bulk ships in the first four months of 2019 was 120% higher than in the same period of 2018. Much of this increase comes from demolitions of Capesize ships, up from 1.1 m DWT between January and April 2018 to reach 3.4m DWT in the fir…

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Over 100 Shipping CEOs Have Called On IMO To Agree Speed Limits At Talks Starting Next Week

Effectively addressing climate change is possibly the greatest challenge of our time. In 2015 world governments agreed in Paris that global temperature rise must be limited to well below 2ºC, while aiming for 1.5ºC compared to pre-industrial levels. A …

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